Conflux (CFX) is currently trading at $0.051597, reflecting a 24-hour decline of 5.42%. The price action has been constrained within a daily range of $0.003391, hitting a high of $0.054804 and a low of $0.051413, indicating short-term bearish sentiment.

The trading volume stands at 7,071,171, which equates to 2.66% of the market cap, suggesting a moderate level of interest from traders. Moving averages signal a consistent downtrend; the 8 SMA is at $0.0525 (-1.71%), while longer-term averages like the 144 SMA are at $0.0544 (-5.12%), highlighting a bearish trend over various timeframes.

Momentum indicators reveal that the 1-hour RSI is significantly low at 28, indicating oversold conditions and potential for a short-term rebound. Conversely, the 7-day RSI at 51 suggests a neutral stance, while the 14-day change shows a negative trend of -5.22%, reinforcing the bearish outlook.

From a broader perspective, CFX has seen a 30-day price decline of approximately 28.45%, showing substantial bearish pressure in the medium term. The all-time high of $1.70 reached in March 2021 appears distant, and the current price level reflects a severe reduction in value over time.

Given the current bearish indicators and the lack of strong support levels, the recommendation is to Hold. While there are signs of oversold conditions that may lead to a short-term recovery, the overall trend remains negative, and caution is advised before entering new positions.