WhiteBIT Coin (WBT) is currently priced at $56.63, reflecting a slight decline of 0.62% over the last 24 hours. The asset has fluctuated between a 24-hour high of $57.71 and a low of $56.55, indicating a daily range of 1.16%, which suggests limited volatility in the short term.

The trading volume stands at approximately $102.73 million, with a volume-to-market cap ratio of 0.84%, indicating moderate trading activity relative to its overall market capitalization. The short-term moving averages (8, 13, 21, and 55 SMA) are all trending downward, suggesting bearish sentiment, while the longer-term 144 SMA shows a decline of 1.83%, reinforcing the bearish momentum.

In terms of momentum indicators, the 1-hour RSI is at 38, signaling potential oversold conditions in the short term, while the 7-day RSI at 56 suggests that the asset is nearing overbought territory. The recent price changes over various time frames are as follows: a 6.85% increase over the past week, a 3.01% increase over the last two weeks, and an impressive 33.75% rise over the past month, indicating strong short-term bullish momentum despite current bearish signals.

The all-time high for WBT remains at $62.96, achieved on November 18, 2025, providing a significant resistance level that traders should monitor. Given the current price trends, RSI levels, and moving averages, there is a mixed sentiment in the market, with short-term bearish signals prevailing against a backdrop of longer-term growth potential.

Considering the current technical indicators and recent price performance, a Hold rating is advised. The potential for a rebound exists, especially if the price stabilizes above the 55 SMA ($56.83) and the RSI shows improvement; however, caution is warranted due to the prevailing bearish momentum and short-term weakness.