EMXC - A Look at Recent Action Around 94.70

Been watching $EMXC consolidate for a bit here, specifically around the 94.70 mark. It seems to have found some resistance there on a couple of attempts recently, peaking out today around 95.34 before settling back. The range for the day was 93.71-95.34 which doesn't give a lot of breathing room, but the close near 94.72 suggests indecision at this pivot point.

From an options perspective, I'm thinking about how implied volatility might react if we get a sustained break one way or the other. If it can clear 95.50 and hold, that might suggest a re-test of higher levels seen last month. Conversely, a clear rejection and move back towards 93.00 would open up questions about the broader short-term uptrend. My invalidation for any immediate bullish lean would be a close below 93.50, as that would likely signal a re-evaluation of the current structure. It's just a level to watch, not a trade call.