Crypto enthusiasts following AIN may have noticed that the wave on the 28th of last month marked the recent top, followed by a rather fierce downward trend. From the high point, the decline has exceeded 60% in total, and the drop was really intense. But here’s the interesting part—the day before yesterday, the price bottomed out at a low level, and since then, the rebound has not stopped. Especially in the past two days, the upward momentum has clearly strengthened.

From a technical perspective, the previous downtrend has already reversed. The price is now above a key support level and has formed an upward channel. Although the rebound has just begun, based on the volume and trend coordination, this upward movement has a certain degree of credibility. Buying interest at the bottom area is indeed accumulating, and the market shows clear signals of bullishness.

For traders looking to participate in this rebound, now might be a good entry point. Of course, this assumes proper risk management, setting stop-loss levels, and not being scared out by short-term fluctuations.