FLOKI is currently trading at $0.00004622, reflecting a significant 11.68% decline over the past 24 hours. The asset has experienced a daily range of $0.0000047, with a high of $0.00005311 and a low of $0.00004604, indicating heightened volatility in the short term.

Volume stands at 87,322,117, which equates to a volume-to-market cap ratio of 19.53%. This suggests that despite the price drop, trading activity remains relatively high, possibly indicating interest or speculative trading around the current price levels.

The short-term moving averages reveal bearish trends, with the 8 SMA at $0.00004875 down 5.20%, and the 13 SMA at $0.00004859 down 4.88%. Additionally, the longer-term moving averages are showing even steeper declines, with the 144 SMA down 12.82% at $0.00005302, signaling persistent selling pressure.

Momentum indicators reflect a bearish sentiment, with the 1-hour RSI at 32 indicating that FLOKI is nearing oversold conditions. However, the 7-day RSI at 42 suggests that the asset still has room for decline before hitting oversold territory.

FLOKI's price has seen significant drops over longer time frames, with a 7-day change of -16.23%, a 14-day change of -24.26%, and a 30-day change of -36.68%. This consistent downward trajectory signals a prevailing negative sentiment among investors and traders.

The all-time high for FLOKI stands at $0.00034495, reached on June 5, 2024, highlighting the vast distance from current price levels. This gap suggests a challenging road ahead for recovery, compounded by current market conditions and investor sentiment.

Considering the bearish trends in both price and momentum indicators, along with a lack of bullish catalysts, the recommendation for FLOKI is to Sell. The persistent downward pressure, combined with overextended losses, indicates that further declines are likely before any potential recovery can be realistically considered.