the lab is trying to hold the support zone at 12.4. If the 4-hour TF closes a candlestick between 12.8-13.3, the short-term bullish momentum remains strong. However, if it closes below 12.1-11.7, we could see a deeper correction.
dyor, this isn’t advice, just education—this could also be wrong, do your own research 😉
$LAB