Technical analysis by Lingrid about Symbol AVAX: Sell recommendation (10/22/2025)

AVAXUSDT is showing rejection from the confluence of the downward trendline and the $20 psychological zone, confirming sellers' control in the short term. The structure remains within a bearish channel with a lower-high formation maintaining downside pressure. Price may retest $20 before extending losses toward $17.5 if momentum weakens further. This retracement aligns with the broader descending structure visible since mid-October, keeping bias bearish for now. ⚠️ Risks: Break above $20.5 could invalidate the current bearish setup. Strong BTC recovery may support short-term upside correction. Lower volatility could delay breakdown confirmation below $18. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!