The H4 chart of NETFLIX reveals a clear downtrend forming since mid-May, with key support at 81.68 acting as a critical psychological level. Recent consolidation between 85.95 and 83.33 has seen elevated volume (10839) on the decline, indicating strong bearish momentum. The price has tested and failed to hold above 84.78, a former resistance-turned-support, creating a bearish setup. A break below 81.68 would confirm the trend's continuation, with volume spikes on the downside validating the strength of the move. The current structure suggests a potential retest of the 81.68 level, which could trigger further selling pressure. With the trend bias…

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