The AVAX/USDT graph shows the price movement of Avalanche (AVAX) against Tether (USDT) on Binance.
*Key Observations:*
1. *Current Price*: AVAX is trading at $8.91, with a Pakistani Rupee equivalent of Rs2,498.54, down 1.76%.
2. *24-hour Range*: The price fluctuated between a 24h high of $9.21 and a low of $8.80.
3. *Volume*: 24h trading volume is 1.71M AVAX or 15.36M USDT.
4. *Moving Averages*: MA60 is at 8.89, indicating slight support. MA(5) is 536.03 and MA(10) is 736.55, showing short-term trends.
5. *Performance*: AVAX has declined -0.11% today, -30.12% in 30 days, and -61.53% in 1 year.
6. *Order Book*: The buy-sell split is nearly balanced at 49.80% buy and 50.20% sell.
Highlight AVAX's volatility and its Layer 1/Layer 2 positioning. Note the short-term stability around $8.91 but significant long-term decline. Emphasize the importance of monitoring moving averages and volume for trading decisions on Binance.
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