The recent sharp decline in the price of Trust Wallet Token (TWT) on September 17, 2024, can be attributed to a combination of market volatility and broader cryptocurrency trends. While there have been no major negative events specifically targeting TWT, general market factors such as lower demand for self-custody wallets, shifts in investor sentiment, and profit-taking after previous uptrends are likely contributing to the downturn.

Additionally, the overall bearish sentiment in the cryptocurrency market, as well as regulatory uncertainty, can indirectly impact TWT, leading to corrections after periods of growth. Monitoring market conditions, especially in relation to Bitcoin, Ethereum, and regulatory updates, is crucial as these can affect TWT's performance.

**Suggestions:**

Currently, TWT is trading at a significant horizontal support range. If you have plans to invest in it, this could be an opportune time. Best of luck, traders!