WhiteBIT Coin (WBT) is currently priced at $53.40, showing a slight decline of 0.67% over the past 24 hours. The daily trading range indicates a tight market with a high of $54.22 and a low of $53.14, reflecting reduced volatility.

Trading volume stands at approximately $63,189,020, which corresponds to 0.55% of the market cap, suggesting a moderate level of interest in the asset. The hourly moving averages indicate a bearish trend, with the 8 SMA at $53.77 and the 13 SMA at $53.86, both showing negative momentum.

The 1-hour RSI is currently at 40, indicating that WBT is approaching oversold territory. However, the 7-day RSI at 48 suggests that the asset is in a neutral position, which may limit immediate bullish sentiment.

Over the past week, WBT has experienced a price decline of 2.92%, further reflected in its 14-day and 30-day price changes of -3.30% and -4.87%, respectively. The downward trend is evident, and the recent performance suggests a struggle to regain upward momentum.

The all-time high of $64.11 was reached on December 10, 2025, indicating potential resistance levels that could be targeted if recovery occurs. In the short term, resistance levels may be found around the recent high of $54.22, while support appears to be forming near $53.14.

Considering the current market conditions, including bearish moving averages and a declining price trend, a cautious approach is warranted. Therefore, the recommendation is to Hold WBT, as the asset may be stabilizing near its support level, allowing for a potential recovery without committing to a buy at this moment.