Time for DeFi to Rebound?

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,
CD

הערה:

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