Conflux (CFX) is currently trading at $0.04798564, reflecting a 24-hour decrease of 2.12%. The price has oscillated between a daily high of $0.05021 and a low of $0.04784608, demonstrating a daily range of approximately 0.00236, indicating limited volatility.

The trading volume over the last 24 hours stands at 10,354,067, with a volume-to-market cap ratio of 4.18%, which suggests moderate market activity. The hourly moving averages indicate a bearish sentiment, with the 8 SMA at $0.0487 showing a decline of 1.44%, while the 144 SMA at $0.0524 reveals a more significant drop of 8.47% over a longer timeframe.

Momentum indicators reveal that the 1-hour RSI is at 30, indicating oversold conditions, while the 7-day RSI at 45 suggests a neutral trend but leans towards bearish. The price has experienced significant declines over the past month, with a 30-day change of -38.31%, indicating persistent selling pressure and a lack of upward momentum.

CFX's historical performance shows that it reached an all-time high of $1.70 in March 2021; however, it has since depreciated significantly, highlighting a long-term bearish trend. The recent price action, combined with the indicators, suggests a lack of bullish catalysts in the immediate term.

Given the current technical indicators, including the bearish moving averages and declining RSI values, the outlook for CFX remains pessimistic. Therefore, the recommendation is to Sell, as the token is likely to continue facing downward pressure in the near term.