Ethereum (ETHUSD) has made an initial break at the 23.6% Fibonacci correction level, reinforcing expectations for a continuation of the bearish correction in the upcoming sessions. The next targets are set at $2,548.15, followed by $2,496.22, which represent the next anticipated support levels.
The expected trading range for today is between a support level of $2,500.00 and a resistance level of $2,700.00.
Trend Forecast: Bearish
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