Avalanche’s price has failed to break through the $26.50 resistance level, leading to continued downward pressure and a bearish trend on the charts. Currently trading around $23.88 after several unsuccessful attempts since March 2025, technical analysis reveals a high likelihood of further losses. A drop below the $21 support level is expected, potentially reaching $22 before continuing a descent to $21. A breakthrough beyond this level could bring more significant sell-offs, with a potential target of $19-$18. However, a key rebound zone from past years stands at $16. This level has historically served as a vital support for AVAX and may offer a last line of defense against further losses in 2025.