FLOKI is currently trading at $0.00004009, experiencing a significant decline of 6.62% over the past 24 hours. The price fluctuation during this period has been limited, with a daily high of $0.00004313 and a low of $0.00004001, indicating a tight range of 3.12E-6%.

Trading volume stands at approximately 29.86 million, reflecting a volume-to-market cap ratio of 7.73%. The hourly moving averages indicate a bearish trend, with the 8 SMA at $0.00004242 down 5.49%, the 13 SMA at $0.00004250 down 5.68%, and the 21 SMA at $0.00004266 down 6.03%, all highlighting consistent selling pressure.

The RSI metrics show a stark contrast in sentiment, with the 1-hour RSI at 15, indicating oversold conditions. Meanwhile, the 7-day RSI at 43 suggests a neutral trend, while longer-term changes reveal a 7-day price drop of approximately 17.75% and a 14-day decline of about 22.96%, pointing to sustained bearish momentum.

FLOKI's current price is significantly below its all-time high of $0.00034495 reached on June 5, 2024, signaling a long way to recover. Despite a slight uptick of 0.68% over the last 30 days, the negative trends in the shorter time frames raise concerns about immediate recovery potential.

Given the combination of bearish technical indicators, declining RSI values, and a lack of bullish momentum, a Sell rating is warranted. The current price action and market sentiment suggest further downside risks, making it prudent for investors to exit positions until clearer bullish signals emerge.