The Avalanche token continues its downward trajectory, consistently recording lower highs and lows. After a brief attempt to recover during the late session of June 17, the price failed to hold above $18.80 and resumed its downward path. The decline is steady and not sharp, indicating a tight selling pressure rather than panic. If the price does not hold at $18.30, expect a retest near $18 or lower. For the optimists, a clear recovery above $18.75 is needed to invalidate this short-term bearish trend.