Trust Wallet (TWT) is currently priced at $1.051, showing a 24-hour decline of 2.92%. The asset has experienced a daily range between $1.049 and $1.089, indicating relatively low volatility with a 0.04% daily range and a trading volume of approximately 12.55 million, which translates to 2.87% of its market cap.

Technical indicators are signaling bearish momentum, particularly with the 1-hour RSI at 18, suggesting oversold conditions in the short term. Moving averages across various time frames are also reflecting downward trends, with the 8 SMA at $1.08 indicating a 2.25% decline, and the 144 SMA at $1.07 showing a 2.03% drop, reinforcing the bearish sentiment.

From a broader perspective, TWT has seen a notable decline over the past 30 days, with a price change of -15.79%. The 7-day RSI at 51 indicates a neutral stance, but the recent price action suggests further weakness, especially given the significant drops over both the 14-day (-9.70%) and 30-day (-15.79%) periods.

In terms of resistance levels, the price needs to reclaim the $1.08 mark to shift momentum positively, while support is established around the recent low of $1.049. The all-time high of $2.72 from December 2022 seems far off, and the current technical landscape does not suggest a near-term recovery to that level.

Considering the current technical indicators and the broader price trends, the recommendation for Trust Wallet (TWT) is a Hold. The asset appears to be in a corrective phase, and while it may present potential buying opportunities if it stabilizes, further confirmation of a trend reversal is necessary before making a bullish stance.