ETH trades above $2,080 amid pullback, targets $2,140 resistance

Ethereum jumps above $2,150, then pulls back to $2,100 area

Ethereum extended its move to $2,174, then corrected after a channel break. Price still trades above $2,100 and the 100‑hour SMA, mirroring Bitcoin’s pattern per NewsBTC.

Bulls defended $2,080 on the dip. The drop retraced beyond 38.2% of the $2,021 to $2,174 leg, but held the 100‑hour average per NewsBTC ETH analysis.

Key levels to watch:
- Resistance at $2,120 and $2,140; stronger barrier at $2,175 source.
- Break above $2,175 opens $2,220, then $2,350–$2,380 source.
- Initial support at $2,080; major supports $2,065, $2,020, then $1,980–$1,965 source.

Momentum cools. MACD turns more negative on the hour. RSI sits below 50 source.