Conflux (CFX) is currently priced at $0.080137, reflecting a 24-hour decline of 1.55%. The daily trading range indicates a minor volatility with a high of $0.082204 and a low of $0.079136, suggesting consolidation around the current price point.

Volume over the last 24 hours stands at 16,380,724, indicating a market cap volume ratio of 3.96%. This relatively low volume compared to market cap may reflect a lack of strong buying interest, which aligns with the negative price action observed.

Technical indicators show mixed signals, with the 1-hour RSI at 42 indicating near-term bearish momentum, while the 7-day RSI of 51 suggests a neutral stance. The moving averages indicate a bearish trend in the medium to long term, particularly the 55 SMA and 144 SMA, both down approximately 2.58% and 2.74%, respectively.

Over the past two weeks, Conflux has experienced a price decrease of 10.94%, and a more significant 21.51% decline over the past month. This ongoing downtrend, combined with the inability to break past resistance levels, raises concerns about a potential further decline if selling pressure continues.

The all-time high for CFX is significantly above the current price at $1.70, recorded in March 2021. Given the current market sentiment and technical indicators, the potential for recovery appears limited in the short term.

Based on the analysis, the current market conditions and indicators suggest a Sell rating for Conflux (CFX). The sustained downtrend and bearish signals indicate that investors may face further downside risk in the near term, making it prudent to exit positions.