Avalanche has continued its downward trajectory, posting consistent lower highs and lower lows. After a brief attempt to recover during the late session of June 17, price failed to hold above $18.80 and resumed the bearish grind. The decline is steady rather than sharp, indicating controlled selling pressure rather than panic. If $18.30 fails to hold, watch for retests near $18 or even lower. For bulls, a clear reclaim above $18.75 is needed to invalidate this short-term downtrend.