#MarketPullback
market pullback is a temporary decline in the price of an asset or the overall market after a period of sustained upward movement. It's a short-term correction within a larger uptrend, not a complete trend reversal. Think of it as a pause or a slight dip before the price potentially resumes its upward trajectory.
✅Key Characteristics of a Market Pullback:
1️⃣.Temporary Reversal: Pullbacks are characterized by a brief decline in price, typically lasting a few trading sessions.
2️⃣.Within a Larger Trend: They occur within the context of a prevailing uptrend.
3️⃣.Potential Buying Opportunity: Investors often view pullbacks as potential entry points to buy at a lower price before the uptrend continues.