Your chosen scope is not bad. But I have a suggestion for you. You can try Sightmark Photon XT 4.6x42S Digital Night Vision Rifle Scope. The Sightmark Photon is most effective when you placed at medium range, nonetheless, it features 6 digital retical options that allow you to operate on a variety of ranges, and the retical options are available in white, red and green.
For using the wide range of reticle options, this rifle scope has an impressive array of applications. The two crossbow reticles allow this scope to be used with crossbows designed to shoot 320, 350, 370 and 400 feet per second. The battery life also impressive.
Overall the Sightmark Photon is a good device for your budget. This scope has everything that most hunters and shooters need to make those accurate shots.