FLOKI is currently priced at $0.00004536, showing a 24-hour decline of 2.63%. The daily trading range has been narrow, fluctuating between a high of $0.00004692 and a low of $0.00004507, indicating low volatility in the short term.

The trading volume stands at approximately 22.86 million, which corresponds to 5.22% of its market cap, suggesting moderate interest among traders. However, the downward movement in the hourly moving averages indicates a bearish trend, with the 55 SMA showing a loss of 2.56%, highlighting continued selling pressure.

The 1-hour RSI is notably low at 27, suggesting that FLOKI is oversold in the very short term, which could lead to a potential price rebound. Conversely, the 7-day RSI at 46 indicates a lack of strong momentum, while the 14-day and 30-day price changes of -7.29% and -16.85%, respectively, confirm a longer-term downtrend.

FLOKI's all-time high was reached at $0.00034495 in June 2024, which sets a significant distance for recovery in the current market context. The sustained price decrease and the recent high selling pressure suggest that investors may be hesitant to buy until clearer bullish signals emerge.

Given the combination of bearish momentum indicators, low RSI readings, and a history of significant price decline, a cautious approach is warranted. Thus, the recommendation is to Hold FLOKI at this time, as the potential for a rebound exists but is not yet confirmed by the technical indicators. Investors should monitor for signs of stabilization before considering a Buy.