Aave (AAVE) is currently trading at $109.76, experiencing a 24-hour decline of 2.07%. The daily range has been relatively narrow, oscillating between a high of $113.05 and a low of $108.22, reflecting a 4.83% volatility during this period.

The trading volume stands at approximately $232.51 million, with a volume-to-market cap ratio of 13.96%, indicating healthy trading activity. Short-term moving averages show mixed signals; while the 8 SMA and 13 SMA indicate slight bullish trends, the 55 SMA and 144 SMA reveal bearish momentum, suggesting potential resistance around $111.34 and $112.10, respectively.

The 1-hour RSI at 57 suggests that AAVE is currently in a neutral to slightly bullish zone, which may indicate short-term buying interest. However, the 7-day RSI at 46 signals that the asset is approaching oversold conditions, potentially leading to further downward pressure given the recent 7-day price change of -12.39%.

Longer-term price trends indicate considerable weakness, with 14-day and 30-day changes of -30.94% and -34.05%, respectively. This suggests that the overall market sentiment towards AAVE remains bearish, and the asset has lost substantial value over the past month.

Given the technical indicators and price action, AAVE appears to be caught in a consolidation phase with a downward bias. The mixed signals from moving averages, along with the weak RSI readings over longer periods, suggest caution for potential investors.

In conclusion, the recommendation is to Hold AAVE at this time. While there is potential for short-term recovery, the longer-term trends and bearish momentum require a wait-and-see approach before committing additional capital.