RSI and channel have both bottomed and the price has started to move upward towards what I think will be the top of the channel at around 3.0. What it does after that is still up for debate, the channel and techs suggest there may be a further leg down here, but seasonality (and weather) will come into play at some point with gas typically having a strong August.
I'd take the long to 3, take profits and reassess to see if we get a break above the channel or a further move down.