COIN - what to expect

hi traders

COIN stock looks bad.
Monthly close is upon us and it looks like it's gonna be a bearish engulfing candle.
In the next few weeks I expect a bounce and retest of the previous support around 245$ where we should get a rejection and the continuation of the downtrend.
We can see a bearish divergence in the monthly time frame.
COIN's chart looks pretty similar to the BTCUSDT chart that we analyzed today:

Recommended strategy:
1. Short around 245$ area and take profit near 180$.
2. Play the bounce from 180$

Good luck