$AVAX /USDT Market Analysis
Avalanche ($AVAX ) is showing renewed strength on Binance, trading at 24.71 USDT (≈ Rs7,008.74) with a solid +4.88% 24h increase.
📊 Key Metrics:
24h High: 24.76 USDT
24h Low: 23.16 USDT
24h Volume (AVAX): 2.72M
24h Volume (USDT): 65.56M
The candlestick chart highlights #AVAX trending near its daily high, suggesting increased demand and strong momentum.
🔎 Market Insight:
Holding above the 23.16 support zone signals market confidence.
A breakout beyond 24.76 USDT resistance may trigger further bullish momentum.
🌐 About AVAX:
Avalanche is a Layer-1 blockchain and smart contracts platform built for speed, scalability, and low-cost decentralized applications (dApps). Its native token, AVAX, powers the network through transaction fees and staking.
🚀 Conclusion:
With rising volumes and price strength, AVAX/USDT is showing strong bullish potential, making it one to watch closely.