Ethereum Stalls Below $2,080 As Channel Resistance Caps Recovery Rally

Ethereum has extended its rebound above $2,000 and is now trading over $2,020 and the 100-hour Simple Moving Average, but upside momentum is stalling below the $2,080 resistance area. The price recently moved past $1,965 and briefly pierced $2,050 before sellers defended the $2,090 region, leaving ETH vulnerable to another pullback if it cannot break $2,080. Key downside levels now sit around $2,000, $1,980 and $1,910, while bulls are eyeing $2,135 and $2,150 as the next hurdles that could reopen the path toward $2,200–$2,220.