#MarketPullback refers to a temporary drop in the price of an asset within an upward trend. It is a momentary retracement or correction before the price continues to rise.

Explaining better:

"Market": refers to the market, such as the cryptocurrency market.

"Pullback": is a pullback or a correction in prices after a significant rise.

Example:

If Bitcoin is rising from $25,000 to $30,000, but at some point drops to $28,000 before rising again, that drop to $28,000 is considered a pullback.

In practice:

On Binance, identifying a pullback can be useful for:

Buying cheaper during an upward trend.

Avoiding entering at the peak of a price movement.