Aave (AAVE) is currently priced at $108.75, reflecting a slight 24-hour decline of 0.89%. The daily trading range has been notably active, with a high of $112.46 and a low of $104.83, indicating a volatility of 7.63%.

Trading volume stands at approximately $404.89 million, which contributes to a healthy volume-to-market cap ratio of 24.53%. Short-term moving averages indicate a bullish sentiment, with the 8 SMA at $107.56 and a positive change of 1.11%, while the longer 144 SMA shows a decline of 1.75% at $110.69, suggesting potential resistance ahead.

The 1-hour RSI is at 71, indicating that AAVE is in overbought territory, which may lead to a price correction in the short term. In contrast, the 7-day RSI of 52 suggests a more neutral sentiment, which aligns with the recent 7-day price change of -12.15% and further supports a cautious approach.

From a longer-term perspective, the 14-day and 30-day price changes of -31.66% and -34.14%, respectively, reveal significant downward pressure, which could be a cause for concern among investors. AAVE's all-time high of $661.69 from May 2021 remains a distant target, highlighting the need for sustained bullish momentum for recovery.

Given the current overbought signal and the bearish trend in the longer-term price changes, a HOLD rating is recommended. This strategy allows for potential profit-taking in the short term while waiting for a clearer bullish signal or stabilization before making further investment decisions.