$CXMT DOWN 8% – SUPPORT ZONE IN SIGHT. HOLD OR FOLD?!"

CXMT has dropped 8% to $7.096, approaching a **major demand zone** at $7.00. This level has held three times since May. The 1-hour chart shows a hammer candle forming – a classic reversal signal when it appears at support.

RSI is at 28 – oversold. The selling volume is starting to decline, which often precedes a bounce. If $7.00 holds, I'd expect a move toward $7.40 and $7.60. A break below would open the door to $6.80.

I've seen this pattern before on CXMT – each time RSI hit 28 near this support, it rallied 10-15%.
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