Trust Wallet Token (TWT) is currently priced at $1.029, reflecting a 24-hour change of 3.31%. The trading range in the last 24 hours has been between $0.975 and $1.035, indicating a daily range of approximately 6% and a healthy volume of 19,421,077, which accounts for 4.53% of the market cap.

The short-term moving averages indicate bullish momentum, with the 8 SMA at $0.9995 showing a 2.95% increase, while the 13 SMA and 21 SMA also reflect positive gains of 3.73% and 3.83%, respectively. However, the 7-day RSI is at 46, suggesting a relatively neutral stance, while the 1-hour RSI at 83 indicates potential overbought conditions, pointing towards a possible short-term pullback.

From a price change perspective, TWT has seen a slight increase of 2.53% over the past week, contrasting with a more significant decline of nearly 19% over the last month. This trend indicates a recovery phase after a longer bearish period, but the 14-day price change shows a decline of approximately 5.63%, highlighting ongoing selling pressure.

Given that the all-time high of $2.72 was reached nearly a year ago, TWT currently trades at about 62% below that peak, suggesting room for growth if market conditions improve. The current price is above key moving averages, which typically serves as a bullish signal, although the high hourly RSI indicates caution for immediate trading.

In conclusion, the overall technical picture shows a potential short-term bullish sentiment, but the mixed RSI readings and prior price declines warrant a cautious approach. Therefore, the rating for Trust Wallet Token (TWT) is a Hold, as it may be wise to wait for clearer bullish signals before entering a buy position.