Time for DeFi to Rebound?

FTX:DEFIPERP   DeFi Index Perpetual Futures
This chart represents a basket of top DeFi projects. DeFi tokens are down bad from their bull run highs, but seem to be bouncing off an area of previous accumulation / support.

Will we get a bearish retest of the 200SMA? This would amount to a ~30% pump for DeFi.

Bitcoin or ETH could easily steal the show, but perhaps worth keeping an eye on!

happy trades,
trend seems to be running so far - broke above the range, let's see if it continues or falls back in


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