Ethereum price resumes its negative trading after approaching 137.24 level, to keep the bearish trend scenario valid for the rest of the day, which targets testing 116.50 level initially, reminding you that breaking this level will push the price towards 100.00, while holding below 137.24 represents key condition to continue the suggested bearish bias.
Expected trading range for today is between 110.00 support and 140.00 resistance
Expected trend for today: Bearish