Ethereum price shows tight trades since morning, settling around 320.00, while stochastic begins to provide negative signals that we are waiting to motivate the price to resume the bearish trend.
Therefore, we will keep our bearish overview for today conditioned by the price stability below 406.00, waiting to target 290.00 level as a next main station.
Expected trading range for today is between 300.00 support and 340.00 resistance
Expected trend for today: Bearish