Trust Wallet (TWT) is currently priced at $0.479482, reflecting a 1.90% decline over the past 24 hours. The coin has experienced a daily range of $0.035702, with a high of $0.510973 and a low of $0.475271, indicating low volatility in the short term.

Trading volume stands at 18,071,702, representing 9.04% of the market cap, which suggests healthy trading activity relative to the asset's overall market size. However, the 1-hour RSI is at a notably low 26, indicating that TWT is oversold and may be due for a short-term corrective bounce.

The moving averages reveal a bearish trend, with the 8 SMA at $0.4854 down 1.21%, and longer-term averages showing deeper declines, such as the 144 SMA at $0.5014 down 4.37%. The 7-day RSI at 45 and the 7-day price change of -9.61% further highlight ongoing downward pressure, suggesting a lack of bullish momentum.

Over the past 30 days, TWT has experienced a drastic decline of approximately 44.65%, reflecting broader market weakness or specific issues affecting the asset. The all-time high of $2.72 reached in December 2022 contrasts sharply with the current price, indicating a significant loss of value over time.

Given the combination of oversold conditions indicated by the RSI, recent low trading activity, and significant downward momentum in the moving averages, TWT is currently positioned for a potential short-term rebound. However, the overall trend remains bearish, with strong resistance levels above current prices.

Rating: Hold. While there may be opportunities for a short-term bounce, the overall trend and lack of strong bullish signals advise caution in accumulating positions at this time.