FLOKI is currently trading at $0.00005076, reflecting a 24-hour decline of 3.78%. The price is hovering near the daily low of $0.00005058 and well below the recent high of $0.00005529, indicating bearish momentum in the short term.

The volume stands at 70,202,254 with a volume-to-market cap ratio of 14.34%, suggesting moderate trading activity relative to its market capitalization. The hourly moving averages indicate a consistent downward trend, with the 8 SMA at $0.00005437 showing a decline of 6.64%, which confirms the bearish sentiment.

Short-term RSI metrics support this analysis; the 1-hour RSI is at 30, indicating oversold conditions, while the 7-day RSI at 43 suggests potential weakness in momentum. Furthermore, the 7-day, 14-day, and 30-day price changes are all negative, with declines of 21.18%, 14.50%, and 22.19% respectively, reinforcing the bearish trend.

FLOKI's all-time high of $0.00034495, reached in June 2024, seems increasingly distant given the current price levels. The persistent downward movement, coupled with the recent high volatility, raises concerns about investor confidence in the near term.

Given the current technical indicators and price action, the recommendation for FLOKI is to Hold. While there may be potential for recovery due to oversold conditions, the broader bearish trend and negative price changes suggest a cautious approach until clearer bullish signals emerge.