Ethereum price rebounds from $1,801 support as U.S. demand and key $2,200 level come into focus

Ethereum's price recently rebounded from the $1,801–$1,924 support band and was last seen trading around $2,128, with momentum indicators showing selling pressure easing. U.S. spot demand, reflected in a slightly positive Coinbase Premium Index and elevated Binance turnover of about 29.6 million ETH over 30 days, is supporting the move as traders watch the $2,111–$2,150 and $2,200 regions as the first major resistance area. If these zones hold as resistance, price could revisit $1,900 or the deeper $1,700–$1,850 demand area, while higher Fibonacci levels up to $3,368 mark potential upside targets if the recovery extends.