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How to change a position's price range

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A v3 position's tick bounds are set at creation and cannot be modified in place. To reposition, close the existing position (which withdraws principal and collects accrued fees) and open a new one with the desired range.

  1. Remove liquidity from v3
  2. Create a new v3 position

Each step requires a separate on-chain transaction and incurs gas. Factor rebalancing cost into any active-management strategy.