Trust Wallet (TWT) is currently trading at $1.047, reflecting a slight 24-hour change of -0.16782%. The daily price range has been narrow, with a high of $1.084 and a low of $1.038, indicating limited volatility in the recent trading session.

Trading volume stands at 22,256,650, representing 5.10% of the market cap, which suggests moderate trading activity. However, the declining short-term moving averages (8, 13, and 21 SMA) are indicating bearish sentiment, as they are all trading below the current price, while the longer-term averages (55 and 144 SMA) show a more positive trend, hinting at potential support around $1.03 and $1.01.

The 1-hour RSI is at 26, signaling that TWT is oversold in the very short term, which may lead to a potential rebound. In contrast, the 7-day RSI at 51 suggests that TWT is neither overbought nor oversold on a broader timeframe, while recent price changes of -2.71% over 7 days, -7.44% over 14 days, and -9.14% over 30 days indicate a consistent downtrend.

Considering the all-time high of $2.72 reached in December 2022, the current price is significantly lower, which may attract bargain hunters. However, the persistent downward pressure and negative price momentum suggest caution, as further declines could be imminent if support levels are breached.

Given the current technical indicators and price action, the rating for TWT is a Hold. While there are signs of potential short-term recovery due to oversold conditions, the overall trend remains bearish and the lack of strong support levels raises concerns about further declines.