FLOKI is currently priced at $0.00004252, reflecting a slight decrease of 1.63% over the past 24 hours. The trading range for the day has been between $0.00004245 and $0.00004329, indicating a relatively stable market with a narrow daily range of $0.00000084.

The trading volume stands at approximately $23,137,942, contributing to a volume-to-market cap ratio of 5.62%, which suggests moderate market activity. The short-term moving averages, including the 8 SMA at $0.00004271 and the 13 SMA at $0.00004276, show a slight downward trend, indicating bearish momentum in the immediate term.

The 1-hour Relative Strength Index (RSI) is at 34, indicating that FLOKI is approaching oversold territory, while the 7-day RSI at 47 reflects a neutral stance in the short-term trend. Additionally, the asset has experienced a 12.87% decline over the past week and an 18.39% drop over the last two weeks, reinforcing the bearish sentiment.

In contrast, FLOKI has shown a modest 6.03% increase over the past month, suggesting some recovery potential. However, the price remains significantly below its all-time high of $0.00034495, achieved on June 5, 2024, indicating a challenging path ahead for a return to previous highs.

Given the current technical indicators and overall trend, FLOKI appears to be in a bearish phase, despite signs of potential recovery. Therefore, the recommendation is to Hold at this time, allowing for a reassessment as the price approaches oversold conditions, which may present a buying opportunity if further positive momentum develops.