The H4 chart of NETFLIX shows a clear bearish trend with multiple lower highs and lows, indicating weakening bullish momentum. After a strong rally from 85.76 to 89.81, the price has been consolidating near key support levels, notably the 86.37 area, which acts as a critical psychological barrier. The recent close at 83.33 marks a significant breakdown below this support, accompanied by elevated volume (9309) that validates the selling pressure. This suggests a potential continuation of the downtrend, with the market likely to retest prior lows. The consolidation phase following the 83.33 low has seen mixed volume, but the recent…

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