$NFLX , IdeaNetflix, Inc.BATS:NFLXevolutionqcNFLX – 1M | NASDAQ | SMC First read on the monthly structure here. We’re basically sitting in a long-term re-accumulation range after the impulsive expansion into the 2021–2024 highs, with price now compressing back into a key equilibrium zone. Key levels to watch: Upper liquidity / HTF supply: ~968 → 1,227 → 1,618 (major distribution bands) Mid-range equilibrium: current compression zone acting as decision point Lower HTF demand / inefficiency fill: ~39–56 (macro liquidation pocket if things break down hard) Scenarios: Bull case (green path): Hold current base → reclaim mid-range → rotate back into HTF supply Sweep above local “weak high” → continuation into 1.0–1.6k liquidity zones over time Bear case (red path): Lose current equilibrium → breakdown into mid demand Full HTF rotation back into 39–56 imbalance zone before any real macro recovery My read: This is a classic HTF decision node. Market is coiling under prior distribution with both liquidity above and inefficiency below still unfilled. Until we get a clean displacement + acceptance, it’s just range behavior inside a larger structural re-pricing. Follow, Boost, Thank You ! ⚠️ Financial Disclaimer: This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult. Always do your own research and never trade based solely on internet comedy