Trust Wallet (TWT) is currently trading at $0.6626, reflecting a significant 24-hour decline of 11.12%. The price has fluctuated between a daily high of $0.7504 and a low of $0.6463, indicating a daily range of 0.1041%, with a trading volume of 19,306,281, representing 7.06% of its market cap.

Technical indicators show a bearish trend, with hourly moving averages revealing substantial downward pressure. The 8-period SMA is at $0.6856 (-3.36%), while the 55-period SMA is at $0.7566 (-12.43%), suggesting that the short-term trend is underperforming relative to longer time frames, reinforcing the bearish sentiment.

The RSI metrics further confirm the weakness, with a 1-hour RSI at an extremely low 15, indicating strong oversold conditions. The 7-day RSI at 35 also points to an oversold status, but it is not yet at the level that typically signals a reversal, considering the prevailing downward price momentum.

Over the past week, TWT has dropped 22.10%, with a 14-day decline of 27.24% and a 30-day decline of 25.43%. These figures highlight a consistent downward trend, driven by negative market sentiment and selling pressure.

Given the substantial decrease in price and the continued bearish indicators, the outlook for Trust Wallet appears weak. Despite being oversold, the lack of bullish reversal signals and the presence of significant resistance at higher moving averages suggest further downside potential.

Based on this analysis, the recommendation for Trust Wallet (TWT) is to Sell. The combination of technical weakness, negative price momentum, and poor RSI readings indicates that current conditions are not favorable for a price recovery in the short term.