WhiteBIT Coin (WBT) is currently priced at $56.21, reflecting a slight decline of 1.26% over the past 24 hours. The daily price range has been relatively narrow, with a high of $56.93 and a low of $55.73, indicating low volatility in the short term.

Trading volume stands at 28,817,544, contributing to a volume-to-market cap ratio of 0.24%, suggesting moderate interest relative to its overall market capitalization. The hourly moving averages show a mixed trend; the 8 SMA and 13 SMA are positive, indicating short-term bullish sentiment, while the 21 SMA and 55 SMA reflect a bearish outlook.

The 1-hour RSI is at 67, signaling that WBT is approaching overbought territory, which could suggest a potential pullback. In contrast, the 7-day RSI is at 46, indicating neutral sentiment in the medium term, which aligns with the 7-day price change of -2.93%.

Over the last 14 and 30 days, WBT has seen price declines of 7.46% and 4.26%, respectively, reflecting a bearish trend in the longer term. The all-time high of $64.11 suggests that the coin has significant upside potential, but it remains approximately 12.2% below this level.

Given the current price action, mixed signals from moving averages, and recent negative price trends, a cautious approach is warranted. Therefore, the recommendation is to Hold WBT, as the potential for short-term gains is limited, and the longer-term outlook remains uncertain amid recent price declines.