EMQQ holding the lower range

Watching $EMQQ around the 32.40-32.50 area. It's been forming a bit of a range over the past few sessions, and that lower bound is certainly seeing some interest today, currently sitting at 32.515. If it can hold this level into the close, it might signal an attempt to consolidate before a move higher, but a clean break below 32.40 would definitely invalidate that idea for me and suggest more downside is likely.