Trust Wallet (TWT) is currently priced at $1.006, experiencing a 24-hour change of -2.83%. The asset has seen a daily range between $0.9949 and $1.035, indicating a relatively tight volatility over the past day, with a total volume of approximately 16.82 million, representing 4.01% of its market cap.

Technical indicators show that TWT is struggling with downward momentum; the 1-hour RSI is at 37, suggesting oversold conditions. Moving averages are predominantly bearish, with the 55 SMA at $1.04 down 2.88%, indicating resistance levels that may challenge short-term price recovery.

Over the last week, TWT has seen a price decline of approximately 3.60%, while the 14-day and 30-day price changes are even more pronounced at -4.66% and -16.20%, respectively. These declining trends suggest a persistent bearish sentiment in the market, compounded by the recent price action below key moving averages.

The all-time high for TWT stands at $2.72, achieved in December 2022, which further emphasizes the current price's distance from historical peaks. This significant drawdown may deter potential investors, but it also presents a potential for recovery if market conditions stabilize.

Based on the current data, Trust Wallet shows signs of weakness in both short and medium-term perspectives, with bearish trends dominating. Given the ongoing downward momentum and resistance levels, a Hold rating is recommended; investors should closely monitor for any signs of stabilization or bullish reversal before making new positions.