Ethereum breaks bearish trendline, targets $2,150 and $2,180 resistance levels

Ethereum holds $2,020, targets $2,150; breakout eyes $2,220

Ethereum rebounded above $2,065 after defending $2,020. Price trades over $2,080 and the 100‑hour SMA.

ETH outpaced Bitcoin during the bounce. NewsBTC notes stronger ETH action versus BTC in its BTC update.

• Broke a bearish trend line near $2,065 on hourly ETH/USD. Holds above the 100‑hour SMA and $2,080 source.
• Cleared the 50% Fib of the $2,168 to $2,017 drop; immediate resistance sits at $2,140, near the 83.2% Fib source.
• Key caps: $2,150 first, then $2,180. Above $2,180 opens $2,220. A break over $2,220 points to $2,350–$2,380 source.
• If rejected at $2,150, watch $2,080 initial support. Below $2,065 risks $2,020, then $1,980. Main support sits at $1,965 source.
• Indicators: hourly MACD strengthens in bullish zone. RSI holds above 50 source.