Aave (AAVE) is currently priced at $113.24, reflecting a significant 18.61% increase over the past 24 hours. The daily trading range has been volatile, with a high of $114.8 and a low of $95.27, indicating a daily range fluctuation of 19.53%.

The trading volume stands at approximately $758.47 million, representing a solid 44.08% of the market cap, which suggests strong market activity and investor interest. However, the 14-day price change shows a decline of 27.82%, indicating a bearish trend over the longer term despite the recent bounce.

Technical indicators reveal mixed signals; the 1-hour RSI at 78 indicates overbought conditions, while the 7-day RSI at 45 suggests that the asset may still have room for upward movement in the short term. Moving averages further illustrate this divergence, with the 8 SMA showing a slight decline while the 13 SMA indicates growth, suggesting short-term volatility.

In terms of support and resistance levels, the $108.98 (21 SMA) serves as a crucial support level, while the $121.58 (144 SMA) indicates resistance. AAVE's all-time high of $661.69 underscores the potential for long-term growth, yet the current price remains significantly below this peak.

Given the recent bullish momentum and strong trading volume, short-term traders may find opportunities for profit, especially if the price maintains above the $108 support. However, the longer-term trend remains concerning, with persistent declines in the 14-day and 30-day price changes.

In conclusion, given the short-term bullish behavior contrasted against longer-term bearish trends, a cautious stance is advisable. I recommend a Hold rating for AAVE, monitoring closely for sustained upward momentum before committing to a Buy.