FLOKI is currently priced at $0.00002678, reflecting a significant drop of 10.66% over the last 24 hours. The daily trading range has been narrow, with a high of $0.00003001 and a low of $0.00002679, indicating a lack of volatility that often accompanies bearish sentiment.

Volume stands at approximately 37.19 million, with a volume-to-market cap ratio of 14.38%, suggesting moderate trading activity relative to its market capitalization. The bearish trend is reinforced by the hourly moving averages, with the 8 SMA, 13 SMA, and 21 SMA all showing declines of between 5.93% and 8.48%.

The short-term momentum indicators are concerning, as evidenced by the 1-hour RSI at 23, indicating extreme oversold conditions. In contrast, the 7-day RSI at 45 suggests that while momentum is weak, it has not yet reached extreme levels, implying potential for a rebound if buying interest increases.

Over the past week, FLOKI has experienced a price drop of 12.78%, and this trend is compounded by a 14-day decline of 13.09% and a significant 30-day loss of 33.86%. This consistent downward pressure highlights the challenges the asset faces in recovering lost ground.

FLOKI's all-time high of $0.00034495 reached earlier in June 2024 remains far off, and the current price reflects a substantial decrease from that peak. The market sentiment is clearly negative, and technical indicators suggest continued bearish momentum unless there is a significant change in trading volume or market conditions.

Given the current data, FLOKI presents a Sell rating. The continued price decline, high volatility, and weak momentum indicators suggest that holding or purchasing at this time could lead to further losses. A more favorable entry point may arise when the asset shows signs of stabilization and an upward trend in volume and price action.