WhiteBIT Coin (WBT) is currently priced at $51.31, reflecting a 24-hour change of -2.10%. The asset's daily trading range has been relatively narrow, between a high of $54.76 and a low of $51.11, indicating short-term selling pressure.

The volume over the last 24 hours stands at $217,865,975, representing a trading volume to market cap ratio of 1.99%. This volume indicates a moderate level of interest in WBT, but the negative price movement suggests that sellers are currently dominating the market.

Examining the hourly moving averages, the 8 SMA at $52.47 and the 13 SMA at $53.00 show significant downward momentum, with declines of -2.22% and -3.19%, respectively. Meanwhile, the 144 SMA indicates some bullish potential at $50.73 with a slight increase of +1.14%, suggesting a potential support level.

The 1-hour RSI is at 34, which indicates that WBT is in oversold territory, while the 7-day RSI at 50 shows a neutral position over a longer timeframe. However, both the 7-day and 14-day price changes indicate negative performance, with declines of -4.58% and -5.25%, respectively, suggesting that momentum is unfavorable in the medium term.

The all-time high for WBT stands at $64.11, reached on December 10, 2025, but the current price is significantly below this level, reflecting a bearish trend. The consistent drop in price over the past 30 days (-12.22%) further confirms the ongoing downward trajectory, necessitating caution.

Given the current market conditions, including the negative short-term price action, low RSI levels, and downward-moving averages, a Sell rating is warranted. This recommendation is based on the prevailing bearish sentiment and the lack of strong buying signals at this time.