Aave (AAVE) is currently trading at $141.05, reflecting a significant decline of 8.34% over the last 24 hours. The daily price range has been quite volatile, with a high of $154.7 and a low of $140.41, indicating a 14.29% fluctuation within the trading day.

Volume stands at approximately $449.66 million, representing a robust 20.99% of the market cap, suggesting heightened trading activity despite the price drop. The hourly moving averages indicate bearish sentiment, with the 8 SMA at $144.90 and the 13 SMA at $145.19 both showing declines of over 2.6%, signaling potential continued selling pressure.

The Relative Strength Index (RSI) metrics reveal a bearish trend, with the 1-hour RSI at 37, indicating oversold conditions. The 7-day RSI at 43 further supports the weakness in momentum, reflecting a sustained downtrend over the past week, as evidenced by a nearly 10% drop in price.

On a longer-term scale, AAVE has experienced notable declines, with a 14-day price change of -18.78% and a 30-day price change of -5.63%. This trend suggests that market sentiment remains negative, and recent price action shows a failure to maintain higher levels despite earlier rallies.

Given the bearish indicators across multiple time frames and the current RSI levels suggesting continued selling pressure, the outlook for AAVE appears weak. With a price significantly below the moving averages and negative price momentum, I recommend a Sell rating for AAVE at this time, advising traders to exit their positions until clearer bullish signals emerge.