Trust Wallet (TWT) is currently priced at $0.81794, showing a minor decline of 0.24829% over the last 24 hours. The daily price range has been relatively tight, with a high of $0.835041 and a low of $0.81122, indicating low volatility in the current trading session.

Trading volume stands at approximately 11.39 million, which represents 3.34% of the market cap, suggesting moderate trading activity. The hourly moving averages are trending lower, with the 8 SMA at $0.8280 down 1.22%, indicating a bearish short-term sentiment.

The 1-hour RSI is notably low at 22, signaling potential oversold conditions, while the 7-day RSI at 46 suggests a neutral trend. However, the 7-day price change of -6.18%, along with the 14-day decline of -15.88% and the 30-day drop of -24.39%, reflects a consistent bearish momentum over the longer term.

The all-time high of $2.72 reached in December 2022 creates a significant resistance level that the price has yet to approach. Current price action below key moving averages and the declining RSI metrics indicate a lack of bullish momentum.

Given the technical indicators and fundamental sentiment, TWT appears to be in a bearish trend with limited immediate upside potential. The combination of an oversold RSI may present a short-term buying opportunity, but the longer-term outlook remains weak.

Rating: Hold. The price is not yet showing a strong reversal signal, and while there may be potential for short-term gains, caution is warranted until clear bullish indicators emerge.