Conflux (CFX) is currently priced at $0.062492, reflecting a slight 24-hour decline of 1.36%. The trading volume over the past day stands at approximately 19 million CFX, corresponding to a volume-to-market cap ratio of 5.90%, indicating moderate trading activity relative to its overall market capitalization.

The daily price range has been narrow, with a high of $0.063538 and a low of $0.060572, showcasing a volatility of only 0.002966%. Moving averages present a mixed signal: the 8-hour SMA is slightly bullish at $0.0623 (+0.25%), while the 55-hour and 144-hour SMAs show bearish tendencies at $0.0647 (-3.43%) and $0.0669 (-6.54%), respectively.

The 1-hour RSI at 53 suggests that CFX is in neutral territory, whereas the 7-day RSI at 42 indicates potential oversold conditions, which could attract buyers. However, both the 7-day and 14-day price changes are negative, with declines of approximately 12% and 18%, respectively, indicating a sustained bearish trend over the last couple of weeks.

Conflux's all-time high of $1.70 reached in March 2021 underscores significant potential upside but also highlights the current price's substantial distance from previous peaks. The overall market sentiment remains cautious, especially with the recent price drops and the lack of bullish momentum in the short-term moving averages.

Given the current technical indicators, including the mixed moving averages and the bearish momentum in the short term, a cautious approach is warranted. Therefore, the recommendation is to Hold CFX at this juncture, as the potential for a reversal exists but requires confirmation through bullish price action and an increase in buying volume.