Ethereum price approached testing 116.50 level in the previous sessions and bounced bearishly again, to keep the bearish trend scenario valid on the intraday and short term basis, which its next targets located at 100.00 followed by 83.00, while holding below 116.50 represents key condition for its continuation.
Expected trading range for today is between 90.00 support and 116.50 resistance
Expected trend for today: Bearish