Ethereum price confirmed breaking 170.76 level after ending yesterday’s trading below it, to fall under expected negative pressure in the upcoming period, targeting testing 154.00 level as a first station.
Therefore, the bearish bias will be suggested for today unless the price managed to breach 170.76 level and hold above it again, noting that breaking 154.00 will extend the bearish wave to reach 137.24 as a next target.
The expected trading range for today is between 150.00 support and 175.00 resistance
The expected trend for today: Bearish