Ethereum falls below $2,220, risks drop toward $2,140 support

Ethereum slips below $2,220. Price holds $2,175; $2,140 is key support.

ETH rejected $2,330 and turned down. It now trades under $2,220 and the 100-hour SMA, mirroring Bitcoin’s pullback. Ethereum broke a bullish hourly trendline near $2,210 and printed $2,176. Price consolidates below the 23.6% Fib of the $2,329 to $2,175 drop, with bearish momentum on the hourly MACD and RSI under 50.

Upside needs a reclaim of $2,235. A move over $2,250 could open $2,290, then $2,320–$2,350. Earlier context on ETH trend and 100-hour SMA is in this NewsBTC update.

If $2,235 caps price again, sellers can press. $2,175 is initial support. A clean break of $2,140 risks $2,110, then $2,060. Main support sits at $2,020.

Key levels:
- Resistance 2,210
- Resistance 2,235
- Resistance 2,250
- Resistance 2,290
- Resistance 2,320
- Resistance 2,350
- Support 2,175
- Support 2,140
- Support 2,110
- Support 2,060
- Support 2,020