Wrapped BNB (WBNB) is currently trading at $839.08, reflecting a 24-hour decline of 4.18%. The price has fluctuated between a high of $899.49 and a low of $835.62 over the past day, indicating a daily range of 63.87%.

Volume has reached 314,912,683, translating to a volume-to-market cap ratio of 26.92%, suggesting a significant level of trading activity relative to its market capitalization. However, the current price is considerably below its hourly moving averages, with the 8 SMA at $891.95, indicating a short-term bearish sentiment.

The 1-hour RSI is at 29, suggesting that WBNB is nearing oversold conditions, while the 7-day RSI is at 47, indicating a neutral stance. Over the last week, WBNB has experienced a marginal price change of -0.31%, but the 14-day and 30-day metrics are notably negative, with declines of 9.62% and 22.68%, respectively.

The all-time high for WBNB stands at $1372.03, recorded on October 13, 2025, highlighting the substantial distance the current price is from previous peak performance. The persistent downtrend over the last month raises concerns about further declines, but the recent volume could indicate a potential reversal if buying interest increases.

In summary, while WBNB is experiencing short-term oversold signals, the broader trend remains bearish with significant losses over the past month. Therefore, the current recommendation is to Hold, as potential for a bounce exists but caution is warranted due to ongoing negative momentum.