As shown in the following figure and topology diagram, we used NVT2008PW and encountered the following issue(we use NVT2008PW, in fact):



We followed the design guide.

During power on, a 130mV step appeared at SOC_PCH_PWRGD & PCH_CPLD_PWRGD. This step occurred at both the input(Side A) and output(Side B) ends.
After removing the series resistors at both ends, it was confirmed that this step originated from the pull-up resistor (B side R789).
After removing the pull-up resistor, the step disappeared, but output high level dropped from 3.3V to 1.2V.
Is this 130mV step a normal phenomenon? Are there any methods to improve this step?