#EthereumSecurityInitiative Pattern Identified: Bullish Flag / Consolidation After Breakout (ETHUSDT 1D Chart)

Current Price: $2,595

Recent High: $2,738

Bollinger Band Upper: $2,841

Support Zone: $2,475 – $2,520

Trend: Strong bullish momentum

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Trade Plan (Bigger Reward Swing Trade)

Entry (Breakout Buy):

Buy above: $2,740 (confirmed breakout above consolidation)

SL: $2,520

TP1: $2,840 (Bollinger Band top)

TP2: $3,000 psychological + round number resistance

TP3: $3,200 (measured move target)

Risk/Reward Ratios:

TP1: ~1.1 : 1

TP2: ~1.9 : 1

TP3: ~2.9 : 1

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Optional Pullback Entry (Higher RR):

Buy zone: $2,520–$2,550 (dip into support, MA zone)

SL: $2,470

TP1: $2,738

TP2: $2,840

RR up to: ~3 : 1

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Indicators Support:

MACD strong and rising

Volume spike = valid trend continuation

Bollinger squeeze & break = likely more upside

Conclusion:

Buy above $2,740 or on dip at $2,520. Bigger reward lies in catching breakout continuation to $3,000–$3,200 with tight SL.

Here’s a Leveraged Setup + Automation Script Plan for ETHUSDT (Perp) on Binance based on your chart:

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1. Leveraged Trade Setup (Breakout Strategy)

Pair: ETHUSDT Perpetual

Leverage: 5x–10x (moderate risk)

Entry 1: Breakout Buy

Trigger: Entry at $2,740

Stop-Loss: $2,520

Take-Profit Targets:

TP1: $2,840

TP2: $3,000

TP3: $3,200

Risk/Reward (at 5x):

Risk: ~8% x 5 = 40% capital risk

Reward: Up to ~18% x 5 = 90% capital reward

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2. Optional: Pullback Buy Setup (High RR)

Entry 2: Buy on Dip

Zone: $2,520–$2,550

SL: $2,470

TP: $2,740, $2,840

RR (at 10x): ~5 : 1

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3.

longCondition = close > entryPrice

if (longCondition)

strategy.entry("Breakout Buy", strategy.long)

strategy.exit("TP1", from_entry="Breakout Buy", limit=takeProfit1, stop=stopLoss)

strategy.exit("TP2", from_entry="Breakout Buy", limit=takeProfit2)

strategy.exit("TP3", from_entry="Breakout Buy", limit=takeProfit3)

Set this on ETHUSDT 1D chart. Adjust values for smaller timeframes if scalping.

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