Ethereum price bounced downwards clearly after testing 50% Fibonacci correction level, to press on 137.24 and move below it, but it begins today with bullish bias and shows recovery attempts again, which keeps the bullish trend scenario valid for the upcoming period, which its targets begin by testing 154.00 to confirm opening the way to head towards 170.76.
Note that holding below 137.24 will stop the expected rise and push the price to decline again.
Expected trading range for today is between 130.00 support and 160.00 resistance
Expected trend for today: Bullish