Conflux (CFX) is currently trading at $0.04994728, reflecting a 24-hour decline of 3.85%. The price has fluctuated between a daily high of $0.052028 and a low of $0.04894096, indicating a relatively tight daily range of 0.00308704%.

The trading volume stands at approximately 10.5 million, with a volume-to-market cap ratio of 4.07%. Short-term moving averages show a consistent downtrend; the 8 SMA is at $0.0504 (-0.88%), while the 13 SMA is at $0.0507 (-1.41%), indicating bearish sentiment across the board.

The Relative Strength Index (RSI) metrics indicate weakening momentum, with the 1-hour RSI at 37, suggesting an oversold condition. Meanwhile, the 7-day RSI at 47 does not indicate immediate overbought or oversold conditions, yet highlights a lack of bullish strength in recent trading.

In terms of price performance, CFX has seen a 7-day price change of -1.45% and a more significant 30-day decline of 27.02%. Although there was a positive shift in the 14-day price change of 5.19%, the overall trend remains negative when viewed through the longer-term lens.

Conflux's all-time high of $1.70 achieved in March 2021 underscores the significant depreciation since then, suggesting a loss of investor confidence. The current price is far below its historical peak, indicating potential resistance levels that traders must consider.

Given the current price action, negative momentum indicators, and significant historical declines, the outlook for CFX remains bearish in the short term. Therefore, a Sell rating is warranted as the data suggests further downside risk before any potential recovery can be realized.