Trust Wallet (TWT) is currently priced at $1.044, experiencing a 24-hour decline of approximately 4.16%. The asset has traded within a daily range of $1.005 to $1.091, indicating increased volatility within a narrow bandwidth.

The trading volume over the last 24 hours stands at approximately 35.5 million, representing 8.14% of the market cap. This volume suggests moderate interest in TWT; however, the recent downtrend in price reflects a lack of buying momentum as evidenced by the 7-day and 14-day price changes of -10.84% and -18.95%, respectively.

Technical indicators reveal mixed signals. The hourly moving averages show a slight bearish trend overall, with the 8 SMA at $1.05 down 0.85% and the 55 SMA at $1.09 down 4.61%. Conversely, the 1-hour RSI at 61 indicates short-term strength, while the 7-day RSI at 44 suggests a neutral to weak momentum in the mid-term.

Historically, TWT reached an all-time high of $2.72 in December 2022, and its current price is approximately 61% below that level. Such a significant drop implies potential resistance at higher price levels, while support may be found near the recent lows around $1.005.

Given the current technical indicators and price action, the recommendation for Trust Wallet (TWT) is a Hold. While short-term indicators show potential for recovery, the lack of sustained upward momentum and negative mid-term trends suggest that investors should wait for a clearer buying signal before taking further action.