Ethereum price settles below 137.24 level, to keep the negative pressure valid on the intraday basis, waiting to target 116.50 level that represents our next station.
Note that breaking the targeted level will extend Ethereum losses to reach 100.00 as a next target, while breaching 137.24 represents the first key to start new recovery attempts.
Expected trading range for today is between 110.00 support and 140.00 resistance
Expected trend for today: Bearish