OXY 4H short

Oxygen Protocol Perpetual Futures FTX:OXYPERP

Serene_Crypto

Setup: Oxy just got rejected off the 4h 20 EMA . On higher timeframe, Oxy also looks bearish , adding confluence to our chart

Entry: When Macd crosses down

SL: 1 Atr above the 20 EMA ( for a aggression trade) or 1 ATR above the 50 EMA ( for a safer trade)

TP: Recent swing low at 0.21 or Ride the trend

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