Trust Wallet (TWT) is currently priced at $1.026, reflecting a slight decline of 0.38554% over the last 24 hours. The trading range during this period has been relatively narrow, with a high of $1.03 and a low of $1.008, indicating low volatility and market uncertainty.

The trading volume stands at approximately 12.79 million, which represents 2.99% of the market cap, suggesting a moderate level of investor interest. The hourly moving averages indicate a mixed sentiment: while shorter-term averages (8, 13, 21 SMA) show positive momentum, the longer-term averages (55, 144 SMA) are trending downward, reflecting bearish sentiment in the medium to long term.

The 1-hour Relative Strength Index (RSI) is at 64, indicating that TWT is approaching overbought territory, which may lead to short-term profit-taking. In contrast, the 7-day RSI at 45 shows that the asset is nearing oversold conditions, suggesting potential for a price rebound if buying pressure increases.

Over the past week, TWT has experienced a price decline of 4.88%, while the 14-day and 30-day price changes are even more negative at -9.06% and -17.55%, respectively. This sustained downward trend raises concerns about the asset’s short-term viability, especially when considering its all-time high of $2.72 reached in December 2022, which indicates significant room for recovery but also highlights substantial losses from that peak.

In conclusion, while the short-term indicators show potential for a slight upward movement, the longer-term trends and recent price action suggest that TWT may continue to face selling pressure. Therefore, the recommendation is to Hold TWT at the current price, awaiting clearer signals of a trend reversal before considering a Buy.