The H4 chart of NETFLIX (NFLX) displays a clear downtrend with price consistently declining from a high of 89.81 to recent lows around 83.33. The last candle closed at 83.33, forming a bearish pattern as it breaks below key support levels, including the prior low at 85.76 and the psychological 85.00 mark. Volume spikes, particularly in the 83.33 close (4545), confirm strong selling pressure, aligning with the exhaustion of bullish momentum. The price action suggests a potential continuation of the bearish trend, with the recent consolidation near 85.00 acting as a final attempt to rally before a deeper correction. The…

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