On the Netflix H4 chart the market has been carving a clear down‑trend since mid‑April. Each successive bar has produced lower highs and lower lows, confirming bearish momentum. The last few candles closed beneath the 86‑level, and the volume on the upward moves has been noticeably thinner than on the declines, indicating lack of buying conviction. The most recent swing low sits just below 84, while the prior high at roughly 86.5 now acts as a resistance barrier. With the price hovering around the 84‑83 zone, a break lower would likely trigger the next major support cluster around the 78‑80…

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