Could Netflix (NFLX) Be Gearing Up for a Major Correction?

Netflix has had an impressive bull run since mid-2022, but based on historical structure and price behavior, a correction could be right around the corner.

🔍 Chart Breakdown (9W Time Frame):
Current Price: ~$870

2025 Projected High: $1,064.50

No significant correction since 2022

Bearish Target Zones:

📉 Zone 1: ~$443 (-46% from current levels)

📉 Zone 2: ~$344 (-57% from current levels)

Market Structure Notes:
Bullish momentum has been non-stop for 2+ years

The last time Netflix saw a proper reset was during the 2022 market correction

If this candle breaks structure to the downside, the selloff may be fast and steep

Support Zones are clearly outlined between the 2023 lows and historical demand blocks

💬 My Prediction:
I believe Netflix is overdue for a pullback, and based on the volume and vertical structure of this bull run, we could be setting up for a mean reversion play back to strong support areas.

I’m not saying Netflix isn’t a long-term powerhouse, but even the strongest runners need to rest. Price doesn’t move in a straight line forever.

📌 Not Financial Advice — just technical breakdown and a probability-based setup.

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