On the H4 chart Netflix has been carving a descending channel from the high‑80s down to the low‑70s. The last two candles (76.9‑77.59‑77.35 and 77.33‑78.22‑77.33) show a tightening range around 77.3, with the most recent bar forming a higher‑high but a flat close, hinting at a loss of bearish momentum. Volume fell sharply from the peak of 13,718 during the steep drop to 7,226 in the latest session, indicating that sellers are losing conviction as price approaches the 77‑78 support zone. With the price now perched just above this support, a bounce is plausible. A break above the recent high…

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