On the Netflix H4 chart the market has been carving a descending channel from the high‑90s down to the low‑70s. The last two candles (76.90‑77.59 range and 77.33‑78.22 range) show a tightening of the bar size and a modest volume contraction, suggesting the down‑trend is losing steam. The 77.33 close sits just above the recent swing low around 76.9, while the bullish candle’s upper wick touches 78.22, highlighting a potential supply‑demand imbalance. Key intraday support now sits near 77.0‑77.5, and the next resistance cluster lies at 78.5‑79.0, followed by a higher zone around 81‑82, which aligns with the prior consolidation…

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