Aave (AAVE) is currently priced at $126.16, reflecting a 24-hour change of -1.70%. The daily trading range has been relatively tight, between a low of $125.18 and a high of $131.38, indicating a current volatility of approximately 6.2%.

Volume has been substantial at 345,255,054, representing 18.01% of the market cap, suggesting robust trading activity. However, the 1-hour RSI is at 35, indicating that AAVE is in oversold territory, while the 7-day RSI is at 56, suggesting a neutral trend over the week.

The short-term moving averages are signaling bearish momentum, with the 8 SMA at $129.70, down 2.73%, and the 13 SMA at $129.12, down 2.29%. In contrast, the 55 SMA shows positive momentum at $122.97, up 2.60%, and the 144 SMA is up 10.05% at $114.64, indicating potential support levels.

Aave's price has decreased 26.7% over the last 30 days, reflecting bearish sentiment, yet it has gained over 10.61% in the last week. Despite this short-term recovery, the long-term trend remains negative, as shown by the 14-day price change of just 0.21%.

The all-time high of $661.69 reached in May 2021 indicates significant potential upside, but the current market conditions suggest caution. Given the bearish short-term indicators, the oversold RSI, and the significant price drop over the past month, the recommendation is to Hold AAVE for now.

Hold is advised as AAVE may find support around $122.97, with potential for recovery if market sentiment shifts positively. Monitoring the upcoming trading sessions for bullish signals or a change in volume trends will be crucial for future positioning.