Support is around $221-$222 (green line) and resistance around $241-$243 (pink line). If the price does get a good pullback and does not start a larger downtrend then I expect the pullback to happen at $225-$226 (orange line)
I have published bearish charts since 11 days ago - with a brief interruption 5 days ago - and then after the unexpected large whale dump on Memorial day only bearish charts since 4 days ago:
11 days ago
4 days ago
3 days ago
1 day ago (chart above)
If we hadn't gotten so close to a bullish breakout on Sunday May 24, I would have stayed bearish the entire time.
Ehlers cycle indicators on a daily chart