Trust Wallet (TWT) is currently trading at $0.440605, having experienced a significant decline of 12.03% over the last 24 hours. The price has fluctuated between a high of $0.500847 and a low of $0.441393 during this period, indicating heightened volatility.

The trading volume stands at 21,035,816, with a volume-to-market cap ratio of 11.44%, suggesting that the market is currently active but possibly under pressure. The daily range of 0.059454% reflects a constrained price movement, further emphasizing the prevailing bearish sentiment.

Technical indicators reveal a downward trend, with the hourly moving averages showing substantial declines: the 8 SMA is down 7.01%, the 13 SMA by 7.98%, and the 21 SMA by 9.06%. Longer-term moving averages, such as the 55 SMA and the 144 SMA, exhibit even steeper declines of 13.41% and 18.29%, respectively, reinforcing the bearish outlook.

The Relative Strength Index (RSI) for the past hour is at a critically low level of 7, indicating extreme oversold conditions. The 7-day RSI at 36 further confirms a bearish trend, with significant price declines observed over the past 7, 14, and 30 days, losing 36.06%, 50.22%, and 49.91%, respectively.

Given the substantial price drop and technical indicators suggesting sustained bearish momentum, the potential for a short-term recovery appears limited. The all-time high of $2.72, reached in December 2022, is a stark contrast to current price levels, highlighting the significant market downturn.

In conclusion, TWT is exhibiting strong bearish signals with a low RSI and declining moving averages. Therefore, a Sell rating is warranted, as the market shows no signs of immediate recovery, and further declines may be expected.