WhiteBIT Coin (WBT) is currently priced at $58.81, showing a minor decline of 1.03% over the last 24 hours. The daily trading range is relatively tight, with a high of $60.02 and a low of $58.51, indicating limited volatility in the short term.

Volume stands at 51,174,246, which represents a 0.41% ratio of market cap, suggesting moderate trading activity relative to its overall market presence. The short-term moving averages (8, 13, and 21 SMA) are all showing negative momentum, while the 144 SMA indicates a slight upward trend, reflecting mixed signals in the price action.

The 1-hour RSI is at 37, indicating potential oversold conditions, while the 7-day RSI of 54 suggests neutral momentum. This divergence between short-term and longer-term RSI readings highlights a possible consolidation phase, with recent price changes of 2.51% over the last week, 12.23% over the last two weeks, and a significant 38.63% increase over the past month.

Despite the recent dip, the price remains within proximity of its all-time high of $62.96, achieved on November 18, 2025. If WBT can maintain momentum above the 144 SMA of $58.04, it may signal a bullish reversal in the near term.

Given the current technical setup and the potential for short-term recovery, the recommendation for WhiteBIT Coin is a Buy. The combination of oversold RSI conditions and recent positive price trends suggests that now could be an advantageous entry point for traders looking to capitalize on a rebound.