Wrapped BNB (WBNB) is currently priced at $841.56, reflecting a 2.80% increase over the last 24 hours, suggesting a short-term bullish sentiment. The daily trading range indicates volatility, with a high of $852.41 and a low of $814.86, providing a range of $37.55.

Trading volume stands at approximately $399.11 million, representing 34.52% of its market cap, which indicates a healthy level of market activity. The hourly moving averages show a mixed sentiment, with the 8 SMA at $841.93 slightly down, while the longer-term 144 SMA at $880.92 shows a notable decline of 4.47%, indicating potential resistance above current levels.

The 1-hour RSI is at 62, suggesting that WBNB is approaching overbought territory, which could lead to a short-term pullback. Conversely, the 7-day RSI at 44 indicates that the asset is nearing oversold conditions, potentially setting the stage for a recovery if buying interest picks up.

Over the past week, WBNB has decreased by approximately 11.25%, and the 14-day change reflects a more significant decline of 14.78%. This longer-term bearish trend is compounded by a substantial 30-day price drop of around 25.84%, highlighting ongoing downward pressure on the asset.

The all-time high for WBNB is $1372.03, reached in October 2025, illustrating the potential upside compared to the current price level. However, the current technical indicators suggest resistance near $880, which may limit short-term gains unless there is a substantial shift in market sentiment.

Given the mixed technical signals and the recent bearish trends, the recommendation for WBNB is to Hold. This stance is supported by the current recovery indicators, while also being cautious of potential resistance levels and the overall declining trend in the longer timeframe.