Jun. 29 at 12:17 AM
$NFLX is sitting right on a key structural pivot after a strong multi-year level retest.
The 65–70 zone is the major battleground. This area marked former 2021 resistance, then became breakout fuel in 2024 after price finally cleared and ran into all-time highs. Now it’s being tested from above for the first time-classic support/resistance flip territory.
Buyers did step in on Friday, but confirmation still isn’t there yet.
The real signal comes at 75–76: reclaim and hold that zone, and the structure starts repairing with momentum shifting back in favor of buyers.
Until that happens, the broader trend remains fragile. If 65–70 fails to hold, the next major liquidity zone sits around 55–60.
Clean levels. Two-way tape. Now it’s about confirmation, not anticipation.
