Ethereum price begins to rebound bearishly after approaching 116.50 level this morning, to keep the bearish trend scenario active for today, supported by the negative pressure formed by the EMA50, besides stochastic negativity, waiting to target 100.00 followed by 83.00 levels as next main stations.
Expected trading range for today is between 90.00 support and 116.50 resistance
Expected trend for today: Bearish