🍓4/28 Midday Big Pie Outlook

Big Pie’s price channel for this cycle has already been effectively broken downward, and downward momentum has been released. Before the market lost the key support at 77,370, price attempted an upward pullback to test the 78,437 resistance area, but the bulls’ counterattack lacked sufficient strength— the rebound was cut off directly and failed to hold above that resistance.
With the rebound under pressure and unable to continue, the chart can only extend the downward trend. By using the sell-off to search for strong support below, it can absorb market buy orders. As the channel structure is broken and the key support is breached, the short-term weakness pattern is now established. Currently, the lower edge of the original price channel at 77,370 has shifted from support to short-term strong resistance. Only by regaining a run inside the channel can the current slow, bearish drift rhythm be halted; afterward, there will be another opportunity to again challenge the 78,437 resistance level.

For the market to reverse and turn stronger, it must effectively break through and hold above 78,437; otherwise, as long as price remains under pressure below 77,370, the slow bearish trend will continue, and any short-term rebounds will only be weak corrective moves.
Even if a small oversold rebound appears after breaking below 77,370, it still won’t be able to return above that level. The overhead pressure is extremely strong, and the market will most likely undergo a second dip to test the 76,400 core support.

If the first pullback to 76,400 holds without breaking, the market will rebound again to challenge the 77,370 resistance; if it repeatedly fails to hold above and below 77,370, then multiple pullbacks will directly break through the 76,400 support. The next downside target will then look toward the 74,913 key support zone.
The short-term core range is locked in: 77,370 overhead as resistance, 76,400 below as support. Until there is an effective break, the market will maintain range-bound consolidation, waiting for a directional breakout and decision.

Trading Suggestions:
For Big Pie, break above 77,379 with strong volume; after confirming stabilization, follow the right-side trend to chase longs.
If 76,572 breaks down on strong volume, and the rebound cannot reclaim that level, then follow up on the right side to chase shorts—strictly set and manage stop-losses to control risk.

Hourly timeframe: If it successfully breaks through and holds above 77,379, the short-term rebound targets 78,446—79456. If it cannot break 77,379, the bulls have no room to exert strength.
4-hour timeframe: An effective breakdown below 76,417 indicates that the medium-term correction will continue; support is at 74,913—73,814.