What is a #MarketPullback in Binance?

A pullback is a temporary dip in the price of a cryptocurrency during an overall uptrend. Think of it as the market “taking a breath” before continuing its upward movement.

Why do pullbacks happen?

🔸Traders take profits after a strong rally.

🔸Short-term overbought conditions.

🔸Natural market fluctuations.

🔅How to Handle a Pullback:

1. Don’t panic – It’s not always a reversal.

2. Use technical analysis – Look for support levels.

3. Plan entries – Pullbacks can be a chance to buy at a discount.

✳️Example on Binance:

BTC surges from $60K to $65K, then drops briefly to $63K — that’s a pullback, not a crash!

👉Tip: Use tools like Moving Averages and RSI on Binance to identify healthy pullbacks versus trend reversals.