$CXT is getting hammered — 23% drop and now at a demand zone.

Entry idea: 0.00318 – 0.00320

Stop idea: 0.00315

Targets: 0.00332, 0.00350, 0.00380

The asset has fallen from 0.00417 to 0.00319, and the RSI is at 7, indicating deeply oversold conditions. Volume is moderate but beginning to taper off, suggesting that sellers are losing conviction. The 4-hour chart shows a steady decline, but the momentum is slowing significantly. This region has historically acted as support, and with the current oversold reading, a bounce could be imminent. If buyers defend this level, the next upside targets are 0.00332 and 0.00350, with a potential move toward 0.00380 — a 19% upside from entry. The stop loss is placed tight at 0.00315, below the recent low, making this a high-probability bounce play.

#Nvidia-SK Group AI partnership #Open-source AI policy debate #CLARITY Act ethics dispute #Samsung-Broadcom AI chip partnership