USLV: Watching Support at 12.7 and a Potential Bounce

I'm watching $USLV. Today's price seems to be testing around 12.7, which is a key support level where it has consolidated and bounced back up many times before. Looking at the daily chart, the 12.7-12.9 range is very interesting. However, if it breaks below 12.7 significantly, we might need to re-evaluate if the structure is still strong.

A bounce from here would confirm that the uptrend structure is still intact. But if it drops below 12.7 and doesn't recover, we might see a deeper correction.