NIO make or break?

NIO seems to have been following this downward channel for the past three months, volume has been nowhere near what it is was in the past.
A close over 40 would be bullish for me but although I am overall bullish for June...if it can't break and hold over 40, I will be looking to short NIO back down to ~30.

(VERY BOLD PT: 28.20)

Happy Trading!