Trust Wallet Token (TWT) is currently trading at $1.079, reflecting a 24-hour change of -0.98%. The price has fluctuated between a daily high of $1.11 and a low of $1.08, indicating a tight trading range of just 0.03%.

Trading volume over the last 24 hours stands at approximately 15.41 million, representing 3.42% of the market capitalization. The moving averages are signaling bearish momentum, with the 8-period SMA at $1.10 showing a decline of 1.54%, and the 21-period SMA at $1.09 down 1.21%.

The 1-hour RSI is currently at 36, suggesting that TWT is nearing oversold conditions, while the 7-day RSI at 48 indicates a neutral trend. However, significant price declines are noted with a 7-day price change of -7.01%, a 14-day decline of -13.95%, and a 30-day drop of -14.69%.

Historically, TWT reached an all-time high of $2.72 on December 11, 2022, indicating a substantial decrease from its peak. The ongoing bearish trends coupled with relatively low volume suggest a lack of buying pressure, which could hinder recovery in the short term.

Given the current technical indicators and price trends, I recommend a Hold rating for TWT. While the asset is nearing oversold levels, the bearish momentum and recent price performance do not present a strong case for immediate buying.