Ethereum (ETHUSD) price made an attempt to break the 23.6% Fibonacci correction level but finds strong support there, showing some bullish bias, and as long as the price is below $3810.00, the bearish corrective trend scenario will remain in place for the coming period, supported by the negative pressure formed by the 50 moving average, noting that our next main target extends to $3425.50.
The expected trading range for today is between the support $3530.00 and the resistance $3800.00