9.8 Morning Big Pie Market Analysis and Trading Suggestions

Lin Qi sees the big pie continue to sway

From the 1-hour chart, although the short-term momentum of the big pie has strengthened, the overall trend direction remains unclear. The current price is close to the resistance area, but lacks volume support, and is likely facing the risk of a high pullback, remaining in a low volatility range and oscillating state.

Technical analysis shows that although the price has risen above the short-term moving average and formed a bullish engulfing pattern, the trading volume is extremely low, constituting a high-risk signal of a divergence between price and volume; meanwhile, the entanglement of moving averages further confirms the market's ambiguous trend, and subsequent attention should be focused on the breakthrough of the key resistance level 112500.

Trading Suggestions

- Long Position Layout: It is recommended to enter the market near the 110000-110500 range

- Target Point: The first target is 112500, and if it breaks through, it can continue to look up at the 113000-113500 range