Avalanche (AVAX) Price Prediction: AVAX Slips Below $12 as Bearish Structure Keeps $9 in FocusAvalanche (AVAX) is slipping below key support near $12, with bearish structure and relative weakness against Bitcoin keeping downside risk towards the $9–$11 zone in focus. Bearish Channel Capping All Recovery AttemptsThe broader chart structure highlights a well-defined bearish parallel channel. AVAX remains capped inside a bearish channel, with repeated rejections near $12–$12.5 keeping downside risk towards the $9 zone alive. AVAX Outlook (Speculative)In the near term, the AVAX price prediction remains tilted bearish while price holds below the $12–$12.50 supply band and continues to respect the broader descending channel structure. Keeping the price capped below $12.50 keeps the AVAX price prediction tilted towards the $9–$11 region