Wrapped BNB (WBNB) is currently trading at $855.34, reflecting a 1.72% increase over the past 24 hours, with a daily price range of $836.23 to $856.83. The trading volume stands at 296,214,255, which constitutes 25.22% of the market cap, indicating robust trading activity relative to the market size.

The short-term moving averages show a positive trend, with the 8 SMA, 13 SMA, and 21 SMA all displaying upward movements, while the 55 SMA has increased by 2.11%. In contrast, the 144 SMA indicates a downtrend of -1.62%, suggesting that WBNB is facing resistance around the $870 level.

The 1-hour RSI is at 56, indicating a neutral to slightly bullish sentiment, whereas the 7-day RSI at 45 suggests potential oversold conditions in the medium term. The price has dropped significantly over the last 30 days, down 23.38%, indicating a bearish trend that could be affecting investor sentiment.

Given the current technical indicators and the recent price movements, WBNB's resistance is established near the $870 level, while support is identified around the $836 range. The overall trend remains bearish in the longer timeframe, evidenced by the negative 14-day and 30-day price changes.

Considering the mix of bullish short-term signals and bearish longer-term trends, WBNB is showing potential for a short-term rebound, but the overall market context suggests caution. Therefore, the recommendation is to Hold WBNB at this time, observing for further confirmation of upward momentum or additional signs of bearish continuation.