#MarketPullback Market pullback is a condition where the price of an asset experiences a temporary decline amidst an ongoing upward trend. It is not a reversal of the trend, but rather a small correction before the price rises again. Pullbacks are often utilized by traders to enter buy positions at lower prices, as the main trend still indicates an upward direction. Pullbacks can occur due to short-term profit-taking, reactions to news, or technical conditions such as temporarily hitting resistance. In technical analysis, pullbacks are considered an important moment to test the strength of the trend and the potential continuation of price movement.