Ethereum Recovers Above $2,065 as ETH Consolidates Over $2,120

Ethereum rebounded from above $2,065 and is consolidating above $2,120 while trading above $2,140 and the 100-hour SMA. The ETH/USD pair also broke a bearish trend line near $2,145 and may extend gains if it clears resistance around $2,200. If price remains capped below that area, downside levels highlighted include $2,140, $2,110, and $2,065.