Conflux (CFX) is currently trading at $0.170108, experiencing a 24-hour decline of 1.94%. The daily price range has been relatively narrow, with a high of $0.174793 and a low of $0.165038, indicating limited volatility in the short term.

The trading volume of 61,172,448 represents 7.02% of the market cap, suggesting moderate investor interest. However, the recent downward trend is evident, with the 7-day price change at -15.66% and the 14-day at -15.16%, indicating bearish momentum over the past two weeks.

In terms of moving averages, the short-term SMAs (8 and 13) are showing slight upward movements, while the longer-term averages (21, 55, and 144) are trending downward. The 1-hour RSI at 42 and the 7-day RSI at 40 suggest that CFX is nearing oversold territory but lacks strong bullish signals.

Overall, Conflux is under significant selling pressure, evident in its negative price performance over the past month, which saw a decline of 27%. With the price well below its all-time high of $1.70, the asset appears to be struggling to regain upward momentum.

Given the current technical indicators and the bearish sentiment in the market, a cautious approach is warranted. Therefore, the recommendation for Conflux (CFX) is to Hold, as there may be potential for recovery if market conditions improve, but the current trend does not favor aggressive buying.