NFLX | The Uptrend Is Cracking — Whales Hunting Liquidity Below Netflix, Inc.BATS:NFLXBigBeluga📊 Daily Timeframe On the Daily, #NFLX (Netflix, Inc.) had been riding a strong long-term uptrend for an extended period — price respected a clean ascending channel and printed a textbook BOS, which kept the buy-side the dominant play for a long stretch. That continued until price ran out of steam at the highs. Momentum behind the rally began to fade, and price printed an internal CHoCH — the first real sign that the uptrend was losing its grip. The earlier internal BOS that fueled the leg up has now been challenged, and the character of price has shifted from buying strength to distribution. Price is now hovering near the Flip Zone (103.19 – 110.68), where it failed to reclaim cleanly. With the structure cracking from the top, the stronger play is now leaning toward the downside — a corrective bounce, then a drop toward the resting liquidity below. ⏱️ Entry Approach The cleanest entry comes on a corrective rally. We want price to push back up into the Flip Zone / supply above — into premium — and then we wait for sell signals on the 1H to position short. Note: we don't have the 1H timeframe mapped in this post — that's the execution layer to confirm the entry once price tags the zone. Selling from premium keeps us aligned with the fresh bearish shift while targeting the sell-side liquidity below, rather than catching a falling knife into support. 🎯 The Game Plan Daily bias: shifting bearish after the CHoCH off the highs and a failed Flip Zone reclaim. Sell Zone: a corrective rally back into the Flip Zone (103.19 – 110.68) into premium. Entry: wait for 1H sell signals from the premium zone. Targets: the stacked SSL pools below — 58.18, then 34.76, 28.43, and 21.28 — with the Protected Low at 16.16 as the deepest magnet. 📰 Fundamental Backdrop The technical shift lines up with the broader picture for Netflix. NFLX remains a momentum heavyweight, with sentiment driven by subscriber growth, content spend, and the overall risk appetite for high-beta tech. After an extended run higher, a structural crack like this one — a CHoCH off the highs with a failed reclaim — tends to invite profit-taking and fresh shorts, making the premium zone the key area to watch as the trend attempts to roll over. This analysis will be updated as the market evolves. If this breakdown added value, drop a like 👍 and a comment 💬 to support the work — and share where you see Netflix heading next! Best Regards, BigBeluga 🐳