EMXC - A Look at the 97.00 Resistance

Been watching the $EMXC closely lately. It touched 97.03 today and retreated slightly, currently at 96.14. This 97.00 level seems to be a sticky point that it's struggled with a few times over the past couple of weeks. It’s not necessarily a firm ceiling, but certainly a resistance area that's held up on previous attempts.

My take is that a sustained break above 97.00, perhaps with a daily close above 97.50, could open up some room for a move towards the low 100s. However, as long as it remains below this resistance, we could see a retest of the 95.00-95.50 support zone. The risk to this scenario, for me, would be if it fails to even challenge 97.00 again and instead prints a clear lower high on the daily, signaling a potential shift in momentum. Just my two cents, always a possibility I'm reading the tea leaves wrong.