FLOKI -134.22% in 24 Hours Amid Sharp Downtrend

On AUG 28 2025, FLOKI dropped by 134.22% within 24 hours to reach $0.00009782, FLOKI dropped by 538.13% within 7 days, dropped by 1067.25% within 1 month, and dropped by 4481.82% within 1 year.

FLOKI’s price movement has continued to exhibit pronounced volatility over the past year, with the token experiencing a dramatic decline in all measured timeframes. The 24-hour drop of 134.22% highlights the ongoing downward momentum, as the token’s value has fallen to levels not seen in recent memory. This performance has raised questions about the sustainability of the asset’s current price trajectory and the market’s response to broader macroeconomic and sector-specific pressures.

Technical analysis of FLOKI shows a deepening bearish trend, with key support levels being repeatedly breached without significant rebound. The token has failed to hold above critical moving averages, and the RSI remains in oversold territory for extended periods, indicating limited short-term buying pressure. Analysts have noted that the price action is consistent with a strong downtrend, with no clear signs of a reversal in the near term.

The prolonged bear market has led to a reduction in on-chain activity, with fewer wallets showing accumulation and reduced transaction volume. Despite the sharp declines, there have been no major fundamental updates or project developments announced to justify a recovery in sentiment. Investors remain cautious, and the token’s low price has led to concerns about liquidity and tradability.

Backtest Hypothesis

A proposed trading strategy based on the recent price behavior of FLOKI suggests the use of a moving average crossover system combined with RSI divergence signals to identify potential entry points in the current downtrend. The backtest would involve a short-selling approach, where a sell signal is triggered when the 12-period RSI shows bearish divergence and the 50-day moving average crosses below the 200-day moving average. Stop-loss and take-profit levels would be dynamically adjusted based on the ATR (Average True Range) to manage risk in a volatile environment.

This approach is designed to align with the observed trend behavior of FLOKI over the past year, leveraging the asset’s tendency to continue falling after extended bearish momentum. The strategy would be tested across multiple timeframes to assess its consistency in capturing short-term bear moves while minimizing exposure to erratic price swings.