Conflux (CFX) is currently priced at $0.071363, reflecting a significant 24-hour decline of 5.49%. The daily range has been tight, with a high of $0.077076 and a low of $0.071243, indicating a lack of volatility in the immediate trading environment.

Trading volume stands at 17,419,803, contributing to a market cap volume ratio of 4.73%, suggesting that liquidity remains moderate. The hourly moving averages are trending downward, with the 8 SMA at $0.0719 (-0.74%) and the 13 SMA at $0.0721 (-1.08%), further confirming short-term bearish sentiment.

The 1-hour RSI is critically low at 23, indicating that CFX is oversold in the short term. In contrast, the 7-day RSI is at 51, suggesting that it is in a neutral position, but this does not offset the stronger bearish signals from the moving averages and price changes.

Over the past week, CFX has decreased by approximately 5.98%, while the 14-day and 30-day changes are more alarming at -14.45% and -26.95%, respectively. These trends highlight a persistent downward trajectory, which is likely to concern potential investors regarding price stability.

The all-time high for CFX was $1.70 on March 27, 2021, indicating that the current price is significantly depressed. The lack of upward momentum in recent weeks, combined with bearish technical indicators, suggests that the market is still under pressure and may not recover soon.

Given the current market conditions, including negative price momentum, low RSI readings, and declining moving averages, the recommendation for Conflux (CFX) is to Sell. The combination of oversold conditions in the short term does not provide enough evidence of a reversal to warrant a buy at this moment.