$EMQQ: Watching the 33.20 Level for Directional Clues

Been keeping an eye on $EMQQ today, currently hovering around 33.29. What's interesting to me is the action around the 33.20 mark. We've seen a couple of probes below it in early trading, but the price has mostly managed to close back above. To my eye, this suggests some underlying support attempting to hold.

My take is that a sustained break below 33.20, perhaps on increasing volume, would signal a potential move towards the next area of interest, which I've got marked closer to 32.80. Conversely, if $EMQQ can build some momentum here and clear the recent intra-day high around 33.50, we might see it test resistance closer to 33.80-34.00. The risk to this perspective, obviously, is if we see a sharp reversal and a clean break of either of these boundaries without conviction. Just watching the price action unfold.