Conflux (CFX) is currently trading at $0.072157, reflecting a 24-hour decline of 1.71%. The price has fluctuated between $0.071773 and $0.074566 over the past day, indicating a tight daily range of approximately 0.002793%, which suggests low volatility in the short term.

Trading volume stands at 14,986,816, with a volume-to-market cap ratio of 4.02%, suggesting moderate trading activity relative to its market capitalization. The short-term moving averages are generally declining, with the 8 SMA at $0.0728 and the 13 SMA at $0.0729 showing downward trends, indicating bearish sentiment.

The 1-hour RSI is currently at 38, signaling potential oversold conditions, while the 7-day RSI is at 47, indicating a neutral momentum phase. Over the past week, CFX has gained approximately 3.95%, but the 14-day and 30-day price changes reveal more significant declines of 11.73% and 27.31%, respectively, underscoring a bearish trend in the medium to long term.

Historically, CFX reached an all-time high of $1.70 in March 2021, but its current price represents a significant devaluation, reflecting ongoing bearish sentiment in the market. Given the current technical indicators, particularly the downward trend in moving averages and the relatively low RSI values, the outlook remains cautious.

Considering these factors, the recommendation is to Hold CFX at this time. The price action suggests a potential recovery could occur if the RSI improves and trading volume increases, but the prevailing downtrend and lack of bullish momentum warrant a cautious approach.