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$ORDI is setting up a trap here.
Retail keeps eyeing 4.27 as support, but the structure is still leaning heavy and the bounce is weak. I’m watching this 4.27 - 4.32 zone as the decision area.
Short
Entry: 4.271 - 4.285
SL: 4.342
TP1: 4.230
TP2: 4.198
TP3: 4.150
If 4.278 fails again, shorts can press into the lower range. Above 4.342, the trap is off and the short is wrong.