Watching $BABA around 95.00 support

Been looking at $BABA the last few sessions, and the 95.00 mark seems to be acting as pretty significant support. We dipped just below it today at 95.19, but it did bounce back. On a few prior occasions, that level has held. If it continues to consolidate around here, it could suggest a base is forming. The risk, obviously, is a clear break and sustained close below 95.00, which would invalidate that particular idea for me and likely open up lower levels.