$EMXC - Testing a previous resistance turned support?

Been watching $EMXC quite closely this week. It had a strong move up from the mid-90s a couple of weeks ago, peaking around the 98.12 level yesterday before pulling back. What's catching my eye now is how it's interacting with the 96.865 - 97.00 area. This zone was pretty significant resistance back in late April, early May. We saw multiple rejections there before it finally broke through.

Now, it seems to be retesting that zone from above. The low yesterday was 96.865, and it bounced. Today, it's hovering right around there again. If this level truly holds as new support, then we could see another push higher, perhaps towards the 98.12 high again, and potentially beyond. The risk here, in my view, would be a clean break and daily close below 96.80. If that happens, then the prior resistance hasn't really turned into solid support, and we might be looking at a deeper retracement, possibly back towards the 95 handle. Just my observations for now.