The H4 chart of NETFLIX displays a clear downtrend with multiple lower highs and lows, indicating bearish momentum. Recent price action shows a consolidation phase near key support levels, with the last candle closing at 83.33, a critical low that has acted as a psychological barrier. Volume on this candle was moderate, aligning with the weakening bullish sentiment observed in prior bars. The broader context reveals a failure to sustain higher prices above 86.37, a former resistance-turned-support level, which now serves as a key hurdle. The current setup suggests a potential breakdown below 83.33, triggering a short-term sell signal. Prices…

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