$WOLF testing prior support as new resistance?

Watching $WOLF closely today. It's really interesting to see it bounce hard off the intraday low around $39.04. The level around $40, which acted as significant support back in March and early April, now seems to be holding as resistance on this rebound. It's a textbook flip, and I'm curious if it holds. If it can push and hold above $40 on decent volume, especially given the heavy selling pressure today, it would make me re-evaluate, but for now, that $40 area looks like the line in the sand for further downside consolidation.