#MarketPullback what is a pullback? A pullback itself can be interpreted as a price movement that is opposite to the direction of the ongoing trend. For example, when an uptrend occurs, a pullback will be seen as a temporary price drop before the price resumes its uptrend.
Traders who use a pullback strategy will usually look for opportunities to enter the market when a pullback occurs. They consider this moment as a time when the price is "resting" for a while before returning to following the direction of the trend. In this way, they have the opportunity to get a more profitable price and greater profit potential.
Hoping to trade to celebrate Christmas and New Year with a little capital but this is how it ends. The market really doesn't side with little people like me. Hopefully fellow traders don't experience the same thing. Good luck at the end of 2024, my friend. Keep the spirit #Binance! #Write2Earn