WhiteBIT Coin (WBT) is currently priced at $51.12, reflecting a 24-hour change of -6.1%. The daily trading range is relatively narrow at 3.57%, with a high of $54.58 and a low of $51.01, indicating recent price volatility has led to downward pressure.

Volume stands at 119,715,185, which translates to a Vol/Market Cap ratio of 1.10%. This suggests moderate trading activity relative to the market capitalization, indicating that selling pressure is increasing amidst the current price decline.

The moving averages show a consistent downtrend, with the 8 SMA at $52.80 and the 55 SMA at $54.03, all reflecting negative changes between -3.18% and -5.38%. The short-term 1-hour RSI is notably low at 9, indicating severe oversold conditions, while the 7-day RSI at 42 suggests that the asset is nearing oversold territory but not yet confirming a reversal.

Over the past week, WBT has dropped approximately 6.13%, and it has seen a decline of about 11% over the last two weeks. The 30-day change reflects a similar trend, with a decrease of 10.08%, indicating a sustained bearish sentiment over the medium term.

The all-time high for WBT was recorded at $64.11 in December 2025, suggesting that current levels are significantly lower than historical peaks. This could present an opportunity for accumulation if a bullish reversal is confirmed, but current technical indicators lean towards further downside potential in the short term.

Given the current technical indicators and downward trend, the recommendation for WhiteBIT Coin (WBT) is to Hold. The asset shows signs of being oversold; however, without clear signs of reversal or support levels being established, entering a new position could carry additional risk.