Trust Wallet (TWT) is currently priced at $0.66811, reflecting a slight decline of 1.46% over the last 24 hours. The trading volume for the past day stands at approximately $21.42 million, representing 7.69% of its market cap, indicating moderate trading activity.

The daily price range shows a low of $0.645418 and a high of $0.692944, suggesting a relatively tight market in the short term. Currently, the 1-hour RSI is at 42, indicating that TWT is nearing oversold territory, while the 7-day RSI is at 35, suggesting bearish momentum persists over a longer time frame.

Technical indicators reveal mixed signals, with the 8 SMA and 13 SMA showing slight bullish movement, up 1.19% and 1.08% respectively. Conversely, the 55 SMA is down 3.33% and the 144 SMA down 14.05%, indicating a longer-term bearish trend that could weigh on short-term recoveries.

Over the past week, TWT has depreciated by over 20%, reflecting a significant downward trend. The 14-day and 30-day price changes of -24.64% and -24.30% respectively further highlight sustained selling pressure, which could deter new buyers from entering the market.

With the all-time high at $2.72 reached in December 2022, TWT's current price shows a significant discount, but it must first stabilize above key moving averages to attract bullish sentiment. The resistance levels around $0.692944 need to be breached for a bullish reversal to gain traction.

Given the current bearish momentum, the mixed technical indicators, and significant recent price declines, the recommendation is to Hold. This strategy allows for potential upward movement if key resistance levels are broken, while protecting against further downside risk in the current market environment.