Natural Gas: The last line of Defense...Natural GasOANDA:NATGASUSDTotSamiyKaaA make-or-break moment for Natural Gas. Either the sellers defend the Jan 15-16 liquidity zone, or we see a massive short squeeze above 3.183. The battlefield at 3.06 will decide the direction of the next medium-term move. Technicals: - Target Reached: the asset reached its first medium-term target zone , which corresponds to the New York session sweeps from January 15/16. - Support Confirmation: the support zone played its role on Thursday, Feb 26. - Price Behavior: currently, the price is retesting the zone as resistance. Conclusion: Waiting for the lower timeframe confirmation to trigger the entry for medium-term short scenario with final targets at . Trade: Short (Less Risky): Entry Point 1 - 3.04 SL - 3.184 TP - 2.825 Risk/Reward - 1 : 1.5 (Risky): Entry Point 2 - 3.056 (Market) SL - 3.184 TP - 2.825 Risk/Reward - 1 : 2 Invalidation: The short scenario is invalidated if the price breaks above 3.183 # - - - - - Good Luck! ☺️ # - - - - - DISCLAIMER: Not financial advice. Everyone must make trading decisions at their own risk, guided only by their own criteria and strategy for opening or not opening a trade # - - - - - P.S. Mental Game: Having spent time to analyze this setup, I’m keeping a close eye on my own confirmation bias. Are the sellers really defending the zone, or am I just seeing what I want to see? Bull trap or Trend continuation? Pick your side 👇