Trust Wallet (TWT) is currently trading at $1.025, reflecting a notable 24-hour change of 9.19%. The daily range indicates strong volatility, with a high of $1.043 and a low of $0.927, showcasing an intraday movement of approximately 12.5%.

The trading volume of 45,416,529 represents a significant 10.64% of the market cap, indicating robust interest in TWT. The short-term moving averages are positive, with the 8 SMA showing a gain of 2.14%, while longer averages exhibit even stronger upward momentum, particularly the 21 SMA at +6.13%.

However, the RSI readings present a mixed picture; the 1-hour RSI is at an overbought level of 85, suggesting potential price correction in the short term. Conversely, the 7-day RSI at 46 indicates a neutral position, with downward momentum reflected in the 7-day, 14-day, and 30-day price changes of -5.64%, -11.88%, and -16.85%, respectively.

Despite the recent spike in price, TWT is still trading significantly below its all-time high of $2.72, which occurred in December 2022. The market appears to be experiencing a recovery phase, but sustained upward movement will depend on continued buying pressure and market sentiment.

Given the current high RSI and potential for a short-term pullback, a cautious approach is warranted. Therefore, I assign a Hold rating on Trust Wallet (TWT) for the immediate future, suggesting to monitor for further price action and broader market trends before considering new positions.