Ethereum (ETHUSD) price managed to achieve our expected negative target at $3680.00, and we notice that the price started today with an additional decline to break this level and try to stabilize below it, paving the way for further bearish correction, whose next target reaches the $3425.50 areas.
From here, we continue to favor the bearish trend for the coming period, noting that breaching $3680.00 and stabilizing above it will stop the bearish correction and lead the price to start attempts to recover and restore the main bullish trend again.
The expected trading range for today is between the support $3500.00 and the resistance $3790.00
