Technical analysis by Thebitcoin37 about Symbol PENDLE: Buy recommendation (9/12/2025)

Chart Analysis (15m) Current Price: $5.145 (+7.48%) Trend: Strong bullish momentum after a deep retracement. 📍 Points of Interest (POIs) POI 1 (First Buy Zone): Around $5.05 – $5.10 Acts as the nearest demand zone. Price may react here if it doesn’t drop too deep. POI 2 (Second Buy Zone): Around $4.95 – $5.00 Stronger demand area for confirmation. If price sweeps liquidity from POI 1, this is the deeper entry. ✅ Bullish Scenario Wait for bullish confirmation (engulfing, liquidity sweep, or strong reversal wick) at either POI. Potential upside targets: First target: $5.30 Second target: $5.40+ ⚠️ Invalidation If price breaks and closes strongly below $4.90, the bullish setup weakens.