WhiteBIT Coin (WBT) is currently priced at $56.88, experiencing a 24-hour decline of 2.26%. The daily trading range has been limited to 1.88%, with a high of $58.53 and a low of $56.65, indicating a consolidation phase.

Volume over the last 24 hours stands at approximately $63.2 million, representing 0.52% of the market cap. This relatively low volume suggests decreased trading activity and could signal a lack of strong buying interest at current price levels.

Moving averages indicate bearish momentum, with all hourly SMAs showing declines: the 8 SMA at $57.08 is down 0.36%, while the 144 SMA at $57.80 is down 1.58%. The 1-hour RSI at 38 indicates that WBT is nearing oversold conditions, but the 7-day RSI at 45 suggests that the asset is still in a neutral territory, lacking strong bullish momentum.

Price changes over different time frames show a 7-day decline of about 2.05% and a more significant 14-day drop of 6.27%. The asset is also down slightly over the last 30 days, indicating a consistent downward trend that warrants caution among traders.

Considering the current technical indicators and price movements, WBT is below its recent average price levels and has not shown significant recovery signs. The all-time high of $64.11, achieved on December 10, 2025, remains a considerable distance away, suggesting a bearish outlook unless strong buying momentum emerges.

Based on the current technical analysis and the absence of bullish indicators, the recommendation for WBT is to Hold. This rating reflects the need for cautious observation as the market shows signs of weakness, with potential for further declines before a recovery can be confirmed.