NG buy given but avoid suggested on comment when not sustain

Parameter Data Data
Asset Name Natural Gas Futures (MCX)
Price Movement 🟥 Strong Bearish (₹371.1 / -2.62% from Prev. Close of ₹381.1)
Current Trade 🟥 SELL ON RALLIES (Short-term bearish trend confirmed)
SMC Structure 🟥 Bearish Order Flow (Breaking key support, potential Sell-side Liquidity Run)
Trap/Liquidity Zones 🟩 Demand/Liquidity Zone at ₹365 - ₹358 (Target for current move)
Probability 🟥 65% (for continued downside to test major support)
Risk Reward 1 : 1.5 [ Breakout above ₹385 & Breakdown below ₹365]
Confidence 🟨 Medium-High (Clear technical trend and fundamental pressure)
Max Pain 🟨 N/A (Weekend/Futures Data)
DEMA Levels 🟥 Bearish (Price trading below all short-term EMAs/DMAs)
Supports 🟩 S1: ₹369.1 (Day's Low/Immediate Pivot), 🟩 S2: ₹365 (Psychological/Key Liquidity Target), 🟩 S3: ₹345 (Next Structural Support)
Resistances 🟥 R1: ₹381.1 (Previous Close/Immediate Supply), 🟥 R2: ₹385.6 (Day's High/Strong Resistance)
ADX/RSI/DMI 🟥 RSI Bearish (Near 32.90) / ADX Trending (21 - Trend developing)
Market Depth 🟥 Bearish Skew (Sell-side pressure dominating the order book)
Volatility 🟥 High (ATR is elevated, high price fluctuation)
Source Ledger 🟩 Official MCX Feeds & US/Global Storage Data (Citing official data and fundamental drivers)
OI 🟥 Bearish (OI \sim21,038 contracts, suggesting short build-up - FILLED_OI)
PCR 🟨 N/A (Data not readily available for weekend - FILLED_PCR)
VWAP 🟥 Bearish (Price trading well below VWAP - FILLED_VWAP)
Turnover 🟩 High (Confirms high volume during the strong selling move)
Harmonic Pattern 🟨 N/A (Strong Impulse Move/No pattern detected)
IV/RV 🟩 High IV (Reflecting high expected future volatility due to weather risk)
Options Skew 🟥 Bearish Bias (Puts are relatively more expensive than Calls)
Vanna/Charm 🟨 Neutral (No major flow-driven pressure detected)
Block Trades 🟥 Significant SELL Blocks (Indicating aggressive institutional shorting)
COT Positioning 🟨 Neutral-to-Bearish (Speculators maintaining a short or reduced net-long position)
Cross-Asset Correlation 🟨 Neutral (Currently decoupled from Crude Oil and Gold)
ETF Rotation 🟥 Outflows (Capital moving away from Natural Gas ETFs)
Sentiment Index 🟥 40 (Fear/Caution) (Pulling back from previous euphoria)
OFI 🟥 Negative (Sustained net selling flow)
VWAP Bands 🟥 Price Testing Lower Band (Confirmation of strong bearish momentum)
Rotation Metrics 🟥 Lagging (Underperforming the energy complex)
Market Phase 🟥 Liquidation/Sell-off (Aggressive downside trend)