Conflux (CFX) is currently trading at $0.067533, reflecting a 4.14% increase in the past 24 hours, indicating a short-term bullish sentiment. The daily trading range shows volatility with a high of $0.067557 and a low of $0.063338, highlighting a price fluctuation of $0.004219.

The trading volume stands at approximately 28.32 million, corresponding to a market cap volume ratio of 8.19%, which suggests healthy trading activity. The short-term hourly moving averages indicate upward momentum, with the 8 SMA at $0.0665 showing a rise of 1.62%, while longer-term averages like the 144 SMA at $0.0685 are declining, which could signal a potential resistance point.

On the technical indicators front, the 1-hour RSI is at 72, indicating that CFX is currently overbought in the short term, which may lead to a price correction. Contrarily, the 7-day RSI at 45 reflects a neutral stance, while the price has declined 5.97% over the past week and 15.78% over the past two weeks, suggesting bearish momentum over a longer timeframe.

Considering the substantial decline of approximately 25.31% over the past month and the distance from its all-time high of $1.7, CFX still faces significant selling pressure. Overall, while there is short-term bullish activity, the longer-term trends and overbought conditions suggest caution.

Based on the analysis, the recommendation is to Hold CFX at this time. The potential for a short-term rally exists, but long-term bearish indicators and overbought conditions warrant a careful approach before making any new investments.