FLOKI is currently priced at $0.00003022, reflecting a 4.99% decline over the last 24 hours. The price has fluctuated between a 24-hour high of $0.00003197 and a low of $0.00002973, indicating a relatively tight trading range of 2.24% within this period.

Trading volume stands at 28,367,425, with a volume-to-market cap ratio of 9.72%, suggesting moderate interest in trading relative to its market capitalization. The hourly moving averages show a consistent downward trend, with the 8 SMA at $0.00003060 down 1.25%, and the 55 SMA at $0.00003137 down 3.67%, indicating short-term bearish momentum.

The 1-hour RSI is at 36, signaling potential oversold conditions, while the 7-day RSI at 43 shows that FLOKI is close to being oversold but not yet at critical levels. Additionally, the 7-day price change of -13.05% and the 30-day price change of -42.15% confirm a prevailing downtrend over both short and medium-term periods.

Given that FLOKI is trading significantly below its all-time high of $0.00034495 from June 2024, the current price offers potential for recovery but faces substantial resistance to turn bullish. The prolonged downtrend combined with bearish moving averages suggests caution.

In conclusion, while the oversold conditions may hint at a short-term rebound, the overall trend remains negative with significant resistance levels above. Thus, the recommendation for FLOKI is to Hold, as immediate downside risks outweigh potential short-term gains.