$AVGO AVGO = Broadcom Inc. stock symbol
USDT = Tether
AVGOUSDT = Broadcom price traded against USDT on some platforms.
Simple idea:
If Broadcom stock price goes up, AVGOUSDT usually goes up.
If Broadcom stock price goes down, AVGOUSDT usually goes down.
Current price: around 406.54 USD (Broadcom stock reference)
Easy view:
Strong company in chips / AI sector
Good for trading moves
Can be risky if using leverage