FLOKI is currently priced at $0.00002845, reflecting a 24-hour decline of 2.31%. The daily price range has been relatively tight, with a high of $0.00003022 and a low of $0.00002816, indicating minimal volatility in the last day.

Trading volume stands at approximately 34.7 million, contributing to a volume-to-market cap ratio of 12.64%. This suggests a moderate level of activity, but the price movement indicates bearish sentiment, supported by a consistent decline across the shorter moving averages: the 8 SMA is down 1.81%, the 13 SMA is down 3.12%, and the 21 SMA is down 2.90%.

The Relative Strength Index (RSI) shows a concerning reading of 22 on the hourly chart, indicating that FLOKI may be oversold in the short term. However, the 7-day RSI at 47 reflects a more neutral position, suggesting that while the immediate outlook is weak, there is potential for recovery if buying pressure increases.

Price changes over the last week, 14 days, and 30 days show notable declines of -7.37%, -6.99%, and -31.96%, respectively. This trend raises concerns about sustained selling pressure, especially given the significant drop from the all-time high of $0.00034495 reached in June 2024.

Considering the current technical indicators, including low RSI levels and the persistent downward movement across multiple time frames, the immediate outlook for FLOKI remains bearish. Therefore, the recommendation is to Hold, monitoring for signs of stabilization or reversal before considering a Buy.