FLOKI is currently trading at $0.00002884, reflecting a 24-hour decline of 3.82%. The daily range has been narrow, with a high of $0.00003013 and a low of $0.00002878, indicating limited volatility amid the downward pressure.

Trading volume stands at 27,491,672, translating to a volume-to-market cap ratio of 9.88%, suggesting moderate trading activity relative to its market capitalization. The moving averages indicate a bearish trend, with the 8, 13, and 21-hour SMAs all showing declines of approximately 3% to 4.8%, further confirming a lack of bullish momentum.

The 1-hour RSI is at 28, which is in the oversold territory, indicating a potential for a price rebound in the short term. However, the 7-day RSI at 44 suggests that there is still room for further downside before reaching a significant support level.

FLOKI has shown a significant decline over longer periods, with a 7-day price change of -17.89%, a 14-day change of -31.06%, and a staggering 30-day drop of 44.13%. This consistent negative performance raises concerns about investor confidence and market sentiment.

The all-time high for FLOKI remains at $0.00034495, achieved on June 5, 2024, highlighting the significant distance from its current price level. If the market sentiment does not improve, the asset may continue to face downward pressure, potentially testing lower support levels.

Given the current technical indicators and the persistent downtrend, a Sell rating is warranted. The bearish momentum and weak RSI signals suggest that investors should look to exit positions until there is a clear reversal pattern or stronger bullish signals emerge.