Ethereum Holds Above $2,080 After Hitting $2,200, Key Support and Resistance Levels in Focus

Ethereum rose more than 8%, breaking above $2,050, $2,080 and $2,120 to reach $2,200 before pulling back, and is now trading above $2,080 and the 100-hour simple moving average. A bullish trend line provides support near $2,020 on the hourly ETH/USD chart, with immediate resistance around $2,150, then $2,180 and $2,200. A decisive move above $2,200 could open the path toward $2,250, with further targets near $2,320 and $2,350, while failure to clear $2,150 may trigger renewed selling toward $2,080, $2,065, $2,020 and potentially $1,980 or $1,920. The hourly MACD is losing strength in the bullish zone and the RSI holds above 50, with $2,065 marked as major support and $2,180 as key resistance.