Trust Wallet Token (TWT) is currently priced at $0.489713, reflecting a slight decrease of 0.26292% over the past 24 hours. The token's daily range has been relatively narrow, oscillating between a high of $0.507123 and a low of $0.478525, indicating limited volatility in the short term.

The trading volume for TWT stands at 11,274,723, with a volume-to-market cap ratio of 5.52%, suggesting moderate interest in the asset. The moving averages reveal a bearish trend, with the 8 SMA at $0.5010 down by 2.26%, the 13 SMA at $0.4999 down by 2.05%, and the 55 SMA at $0.5037 down by 2.78%, confirming downward pressure on price.

Momentum indicators show that the 1-hour RSI is at 39, indicating that TWT is nearing oversold territory. The 7-day RSI at 46 and recent price declines of 4.76% over the past week and 5.70% over the last 14 days reflect a general weakening trend, suggesting bearish sentiment among traders.

The longer-term perspective is also concerning, with a staggering 44.04% decline over the past 30 days. The all-time high of $2.72, reached in December 2022, underscores the significant drop in value, which may lead to market skepticism about TWT's recovery potential.

Given the current technical indicators, persistent downtrends in moving averages, and the negative momentum reflected in the RSI metrics, the outlook for TWT remains bearish. Therefore, the recommendation is to Hold, as potential buyers should wait for a clearer reversal signal before entering the market.