DOT 4h short

Polkadot Perpetual Futures FTX:DOTPERP

Serene_Crypto

Setup: Dot is bearish on both the 1 h and 4 h timeframe. It shows signs of constantly getting rejected by the POC which is confluent with the 50 EMA . Furthermore, it is currently ranging but the OBV is making a lower low, signifying a divergence.

Entry: 10.096

SL: Trail using the SAR ( currently at 11.486 which is above the POC)

TP: 6

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