Aave (AAVE) is currently priced at $110.78, reflecting a 24-hour decline of 2.58%. The daily trading range has been 5.67%, with a high of $114.77 and a low of $109.10, indicating moderate volatility in the short term.

The trading volume stands at approximately $345.38 million, constituting 20.53% of the market cap, suggesting healthy liquidity. However, the negative 7-day RSI of 44 indicates bearish momentum, especially in light of a significant price drop of over 32% in the last 30 days.

Moving averages reveal a downward trend, with the 8 SMA at $113.58 and the 144 SMA at $114.70, all showing declines between 1.49% to 3.42%. The current hourly RSI of 57 indicates a neutral position, which may suggest a potential short-term bounce but lacks strength to indicate a full recovery.

Given that the price is significantly below its all-time high of $661.69, Aave faces strong resistance levels that could deter upward movement without a substantial catalyst. The overall bearish trend in the 7-day and 14-day price changes also raises concerns about the asset's short-term viability.

In conclusion, while there is potential for short-term rebounds, the overall trend remains bearish with a lack of supportive indicators for a strong recovery. Based on this analysis, the rating for Aave (AAVE) is a Hold, as the price may stabilize but lacks the momentum for a Buy recommendation at this time.