Ethereum price shows bullish bias to move above 137.24 now, which urges caution from the upcoming trading, as holding above this level followed by breaching 139.70 will stop the morning suggested negative scenario and push the price to rise again.
Until now, we will continue to suggest the bearish trend conditioned by the price stability below the above mentioned levels, reminding you that our main waited target is located at 116.50.
The expected trading range for today is between 120.00 support and 140.00 resistance
The expected trend for today: Bearish