WhiteBIT Coin (WBT) is currently priced at $60.56, experiencing a slight decline of 1.03% over the past 24 hours. The daily trading range has been relatively tight, with a high of $61.59 and a low of $60.51, reflecting a volatility of only 1.08%.

Volume has reached approximately $75.67 million, translating to a volume-to-market cap ratio of 0.58%, indicating moderate trading activity. The short-term moving averages (8 SMA at $60.91 and 13 SMA at $60.97) are showing negative trends, which could signal bearish sentiment in the market.

The 1-hour RSI is at 45, suggesting that WBT is nearing oversold conditions, while the 7-day RSI of 46 confirms this lack of momentum. Despite recent price fluctuations, the 7-day and 14-day price changes are positive, indicating some upward momentum over the past week.

WBT has demonstrated stronger performance over the past month, with a price increase of approximately 13.72%. However, the current price remains below its all-time high of $63.15, reached in December 2025, which could act as a resistance level.

Considering the current technical indicators and the recent price action, the trend is leaning bearish in the short term, despite positive longer-term price changes. Therefore, a Hold rating is warranted, as investors may want to wait for more favorable conditions or a reversal signal before making new positions.