Ethereum price resumed its negative trading strongly to approach our waited target at 255.90, as the price broke the bullish channel’s support line strongly, and we expect the continuation of the bearish bias to break the mentioned level and extend the correctional bearish wave to reach 222.90 on the near term basis, reminding you that the continuation of the expected decline depends on the price stability below 296.80.
The expected trading range for today is between 255.90 support and 296.80 resistance
The expected trend for today: Bearish