FLOKI is currently trading at 0.00003805 USD, reflecting a 5.94% decrease over the last 24 hours, with a daily trading range of 3.764E-5 to 4.052E-5. The volume stands at 55,842,314, indicating active trading, but the Vol/Market Cap ratio at 15.21% suggests that the price movements are not strongly supported by volume.

Technical indicators show a bearish trend, with hourly moving averages declining across the board; the 8 SMA, 13 SMA, and 21 SMA are all below their previous levels, with the 144 SMA indicating an 8.30% drop. The 1-hour RSI at 39 indicates potential oversold conditions, while the 7-day RSI of 41 suggests continued bearish momentum, as the price has dropped by 13.12% over the past week and 24.24% over the last two weeks.

Despite its all-time high of 0.00034495 reached in June 2024, FLOKI's current price reflects significant distance from this peak, highlighting a bearish market sentiment. The recent price changes over various time frames further illustrate the lack of upward momentum, with a 30-day price change of -4.63%.

Given the bearish technical indicators and the recent price declines, a cautious approach is warranted. The absence of bullish signals, combined with ongoing downward momentum in both short-term and longer-term price trends, leads to a Sell rating for FLOKI at this time. Investors should monitor for potential reversals or significant changes in market sentiment before considering re-entry.