Conflux (CFX) is currently trading at $0.070956, experiencing a slight decline of 0.46% over the last 24 hours. The daily trading range has been narrow, with a high of $0.073033 and a low of $0.07069, reflecting limited volatility in the market.

The volume over the past 24 hours stands at approximately 9.24 million, with a volume-to-market cap ratio of 2.52%, indicating moderate trading activity. The hourly moving averages show a bearish trend, with the 8, 13, and 55 SMAs all reflecting declines between 1.73% and 1.75%, while the 144 SMA indicates a more significant drop of 3.01%.

The 1-hour Relative Strength Index (RSI) is at 43, suggesting that CFX is nearing oversold conditions, while the 7-day RSI at 51 indicates a neutral market stance. Price changes over the last week, 14 days, and 30 days show declines of 11.66%, 13.13%, and 23.25%, respectively, indicating a bearish trend over these periods.

Given that CFX is significantly below its all-time high of $1.70 reached in March 2021, the current price reflects a substantial depreciation. The combination of declining moving averages and the recent price action suggests continued bearish pressure, despite the potential for short-term rebounds.

Considering the current technical indicators and market conditions, a Sell rating is advised. The persistent downward trend and lack of upward momentum signal that holding or accumulating positions at this time may lead to further losses in the short term.