Conflux (CFX) is currently trading at $0.052201, experiencing a 4.32% increase in the past 24 hours. The daily trading range is tight, with a high of $0.052169 and a low of $0.04131098, indicating a short-term bullish sentiment despite longer-term declines.

Volume stands at 42,837,132, representing 15.91% of the market cap, suggesting healthy trading activity. The short-term moving averages (8 SMA, 13 SMA, 21 SMA) indicate positive momentum with increases of 13% to 13.84%, while the longer-term moving averages (55 SMA, 144 SMA) show mixed signals with slight upward and downward trends.

The 1-hour RSI is at 70, indicating overbought conditions, which may lead to a pullback in the immediate term. Conversely, the 7-day RSI at 46 shows the asset is nearing neutral territory, suggesting potential for recovery if buying pressure continues.

Over the past week, CFX has seen a significant decline of 16.81%, with even steeper drops of 27.26% and 33.33% over the 14-day and 30-day periods, respectively. This trend highlights substantial volatility and risk, but the recent price increase could indicate a potential reversal if sustained.

Considering the current market conditions, including short-term bullish momentum alongside longer-term bearish trends, a cautious approach is warranted. Therefore, the recommendation is to Hold CFX at this time, monitoring for further bullish signals or potential support levels that could offer better entry points.