Conflux (CFX) is currently trading at $0.075212, reflecting a 24-hour decline of 2.65%. The price action remains subdued, oscillating between a high of $0.078532 and a low of $0.074381 within the same period, indicating a daily range of just 0.004151%, which suggests limited volatility.

The trading volume stands at approximately 11.64 million, with a volume-to-market cap ratio of 3.00%, indicating relatively low trading activity compared to its market capitalization. Short-term moving averages are predominantly bearish; the 8 SMA at $0.0761 is down 1.22%, and the 13 SMA at $0.0765 has dropped 1.63%, signaling continued selling pressure.

The 1-hour RSI is at 29, placing CFX in the oversold territory, while the 7-day RSI at 43 suggests a weakening momentum, but not yet in oversold conditions. Over the last week, the price has decreased by approximately 11.14%, contributing to a more substantial 14-day decline of around 13.41%, indicating a sustained bearish trend.

Despite the all-time high of $1.70 reached on March 27, 2021, the current price represents a significant depreciation from that level, reflecting ongoing market challenges. The 30-day price change of -11.61% further emphasizes the downward trajectory and the lack of bullish momentum in the near term.

Given the current technical indicators, specifically the bearish moving averages and the oversold RSI, a cautious approach is warranted. Therefore, the recommendation for Conflux (CFX) is to Hold, as potential for a rebound exists, but significant resistance levels need to be overcome for a bullish reversal.