FLOKI is currently priced at $0.00002981, reflecting a 3.77% decline over the past 24 hours. The coin has exhibited a daily trading range between $0.00002953 and $0.00003130, indicating low volatility with a daily range of 1.77E-6 %.

Trading volume stands at approximately 30.8 million, with a volume-to-market cap ratio of 10.70%, suggesting moderate trading activity relative to its market capitalization. The short-term moving averages are all trending downward, with the 8 SMA at $0.00003003 showing a 0.75% decline, and the 144 SMA at $0.00003145 down 5.22%, indicating a bearish momentum.

The RSI metrics further support a bearish outlook; the 1-hour RSI is at 23, indicating oversold conditions, while the 7-day RSI at 44 suggests weakening momentum. Over the past week, FLOKI has lost approximately 17.19%, with even more significant losses of 29.16% over the last 14 days and 42.66% over the last 30 days, showing a persistent downtrend.

FLOKI's all-time high was reached at $0.00034495 on June 5, 2024, which highlights the significant distance the asset is from its peak performance. Given the ongoing negative price action, coupled with a bearish technical landscape and declining momentum indicators, the outlook remains unfavorable.

Based on the current analysis, a Sell rating is recommended for FLOKI. The combination of declining price trends, negative RSI readings, and the significant distance from its all-time high suggests that further downside is likely in the near term.