2.64 Resistance is Critical on NGAS_J23



While the commodity, which continues to be suppressed under the uptrend, exhibits short-term recovery, the 2.64 resistance will be critical for us. As long as we stay under this region, which points to the upper band of the minor bearish channel, it is possible to strengthen the downward movements again, while the 2.46 support may also become a target in the transitions below the 2.56 support. However, if the 2.64 resistance cannot limit the current recovery, the 2.70 resistance may come to the fore.