Ethereum holds $2,120, stalls at $2,165, risks drop to $2,065

Ethereum rebounds from $2,025 and holds above $2,120. Bulls face a $2,165 trendline and a $2,200 cap.

Price trades above the 100‑hour SMA, per NewsBTC. Sellers show up near $2,180. The trendline at $2,165 still blocks upside.

Like Bitcoin, momentum cooled on the bounce, says NewsBTC.

Key levels for Ethereum:
- Resistance at $2,165
- Resistance at $2,200
- Resistance at $2,250
- Above $2,250 opens $2,300
- Next caps at $2,350 and $2,400

Downside risks:
- Support at $2,120
- Major support at $2,065
- Below $2,065 targets $2,025
- Next levels at $2,000 and $1,940

Signals:
- MACD slows in the bullish zone
- RSI holds above 50

Chart notes via NewsBTC; ETH/USD hourly, data feed Kraken.