Trust Wallet (TWT) is currently priced at $1.043, reflecting a 24-hour decline of 1.13%. The daily trading range is tight, with a high of $1.059 and a low of $1.024, indicating limited volatility in the short term.

Trading volume stands at approximately 15.89 million, which contributes to a relatively low market cap turnover of 3.65%. The hourly moving averages suggest a mixed sentiment; while the 8 and 13 SMA show slight upward momentum, the 55 and 144 SMA are indicating a bearish trend with declines of 2.16% and 2.73%, respectively.

The 1-hour Relative Strength Index (RSI) is at 45, suggesting that TWT is nearing oversold territory. The 7-day RSI at 48 reinforces this view, indicating potential consolidation before a significant price movement occurs.

From a broader perspective, TWT has experienced a negative price change over the last 7, 14, and 30 days, with declines of 0.81%, 10.79%, and 15.89%, respectively. The all-time high of $2.72 from December 2022 remains a significant psychological level, and the current price is 61% below that peak.

Given the current technical indicators and the recent downtrend, the market sentiment appears cautious. With the RSI indicating potential for a reversal but with significant resistance levels above, a Hold rating is recommended, allowing investors to monitor for clearer buying signals while avoiding further downside risk.