FLOKI is currently trading at $0.00002919, experiencing a 24-hour decline of 5.35%. The price is hovering near the daily low of $0.00002922, indicating downward pressure in the short term.

The hourly moving averages are predominantly bearish, with the 8 SMA at $0.00002967 down 1.63% and the 144 SMA at $0.00003089 down 5.51%. The 1-hour RSI is at a critically low 23, suggesting oversold conditions, while the 7-day RSI is at 43, indicating a lack of momentum for a rebound.

Volume is moderately active at approximately 17.86 million, contributing to a market cap ratio of 6.33%. However, the 7-day and 14-day price changes reflect broader bearish trends, with declines of 9.15% and 8.27%, respectively, highlighting a persistent negative sentiment.

In the context of its all-time high of $0.00034495 achieved earlier this year, FLOKI has retraced significantly, with a 30-day price change of -32.60%. The current technical indicators suggest that a recovery to higher levels may require substantial buying pressure.

Given the current technical indicators and persistent downtrend, a cautious stance is advised. The recommendation for FLOKI is a Hold, as it may be worth monitoring for signs of stabilization or bullish reversal before considering any buying opportunities.