WhiteBIT Coin (WBT) Holds $50 Support as Technicals and Fundamentals Align for a Potential Breakout

WBT is down 21% from its all-time high but the chart structure, on-chain conviction, and a stacked fundamental pipeline suggest this correction could be a gift rather than a warning sign.

STORY HIGHLIGHTS

• WBT trades around $50.45 after correcting 21% from its December ATH of $64.11. The $50 level has been tested four times and continues to hold, suggesting strong buyer interest at this range.
• MACD is recovering toward the mean line with histograms turning green, while RSI holds above neutral at 57.5. Bollinger Bands are squeezing, which typically precedes a sharp directional move.
• WhiteBIT’s U.S. launch, Saudi Arabia partnership, five S&P index inclusions, and a deflationary burn model provide a fundamental backdrop that few exchange tokens can match.

WhiteBIT Coin (WBT) is sitting at one of the most interesting technical setups we’ve seen on this chart. The token is trading around $50.45 with a market cap north of $10.8 billion, making it the 10th to 12th largest crypto asset depending on which aggregator you pull up. It’s down about 21% from its December all-time high of $64.11, and the broader sentiment has cooled off. But when you strip away the noise and look at what’s actually happening on the chart and under the hood, there’s a strong case that this dip is setting up something much bigger.

What the Chart Is Telling Us

Pull up the max chart on CoinGecko and the picture becomes clear. WBT bottomed at $3.06 in February 2023, spent two quiet years consolidating between $4 and $12, and then went on a monster rally through 2025. From around $10 in January to $64.11 by December, that’s a 540% move in under a year. The kind of run that only happens when real catalysts are driving the price, not just hype.

Since the December peak, the token has pulled back and settled into the $48 to $50 range. This is the fourth time WBT has tested $50, and each time buyers have stepped in. That’s not a weak support level. That’s a floor that has been defended repeatedly over the past several months, and the longer it holds, the more confidence it gives anyone watching this chart.

Technical Setup Looks Promising

The indicators are quietly lining up in favor of the bulls. The MACD (12, 26 close) is still in slightly negative territory, with the signal at –0.183 and the MACD line at –0.166, but it’s recovering. The histograms have started flipping green, which is an early signal of a momentum shift. If the MACD line crosses above the signal in the next few sessions, that would be the first real confirmation that a move higher is underway.

RSI is at 57.5, comfortably above the neutral 50 line. WBT isn’t overbought, which means there’s plenty of room to run before hitting resistance on the indicator itself. A push above 60 would add conviction to the bullish case.

And then there’s the Bollinger Band squeeze. WBT is trading between the lower band at $53.86 and the 200-day MA at $49.79, and the bands are narrowing. Anyone who’s traded these setups before knows what that means: a big move is loading. Volume has also dropped to about 80% of its daily average, which is textbook pre-breakout behavior. The compression has to resolve, and given that the support has held four times while the indicators are turning, the path of least resistance looks like it’s up.

The Fundamental Story Is Hard to Ignore

Technicals aside, what makes WBT stand out from most tokens at this market cap is the business behind it. This isn’t a memecoin or a speculative DeFi play. WhiteBIT is Europe’s largest crypto exchange by traffic, serving 35 million users across 150+ countries and processing roughly $3 trillion in annual volume. And in 2025, they went on an expansion tear.

They launched WhiteBIT US out of New York with operational licenses already in hand, planning to cover all 50 states. They signed a strategic partnership with Saudi Arabia’s Durrah AlFodah Holding to develop blockchain infrastructure and CBDC frameworks under Vision 2030. WBT got added to five S&P Cryptocurrency Indices, putting it on the radar for institutional benchmarks and passive allocation strategies. And on the product side, the Nova debit card crossed €50 million in cumulative volume, the mining pool grew to 10+ EH/s, and the exchange’s infrastructure now handles over a million operations per second.

That’s a real business scaling globally, and WBT is the token that captures all of that growth.

Tokenomics That Actually Work

WBT has a hard cap of 400 million tokens. No inflation, no new minting. The circulating supply is around 213.7 million, with 81.5 million still locked (set to unlock on March 13). What makes this interesting is WhiteBIT’s weekly burn program. They’ve committed to burning tokens until at least half of all supply is destroyed. That’s not just a promise on a whitepaper; they’ve been doing it consistently.

Previous token unlocks haven’t dented the price in any meaningful way. WBT rallied from single digits to $64 through multiple unlock tranches. The team has a track record of pairing these events with burns and staking incentives that absorb the new supply. The March unlock is the biggest one yet at $4.1 billion, so it’s worth watching closely, but the historical pattern favors the bulls here.

Holding WBT also isn’t just a speculative bet. It gets you up to 90% off taker fees, up to 100% off maker fees, free ERC-20 withdrawals, boosted referral rates, and higher staking yields. About 99.52% of the circulating supply is currently in profit, which means holders aren’t panicking. They’re sitting on their bags and waiting.

Where Does WBT Go From Here?

The setup here is about as clean as it gets. You’ve got a token that’s held a major support level four times, with indicators slowly turning bullish and a Bollinger Band squeeze building. The fundamentals are the strongest they’ve ever been, backed by real expansion into the two biggest markets in the world (the U.S. and the Middle East), plus institutional index inclusion.

The immediate level to watch is $54. A daily close above the 50-day moving average on good volume would signal the start of a recovery leg, targeting $62 and then the $64 ATH. If that breaks, $70 to $72 is on the table. On the downside, $48 is the line. Below that and the structure breaks, opening up $40 to $42.

For anyone who’s been watching WBT from the sidelines, this pullback to $50 on a fourth test of support, with the MACD turning and fundamentals stacking up, is exactly the kind of entry you don’t get often. The March 13 unlock will add some noise, but history says WhiteBIT knows how to manage it. This one’s worth paying attention to.