The Hedera (HBAR) price has quietly drifted lower over the past few weeks while most eyes stayed on Bitcoin and the Fed. But not everyone is ignoring it.
Analyst Maelius just called HBAR “delicious” at current levels, arguing that the higher-timeframe re-accumulation phase is close to finishing. His latest chart gives a clear view of why he thinks this area matters so much.
On Maelius’ chart, the story starts with a long downtrend that finally ended when the HBAR price dropped into a wide green “HTF demand cluster.” The last time price lived in this band, Hedera spent months chopping sideways inside a yellow accumulation box before exploding higher into a new range.
That breakout pushed HBAR into a blue “HTF re-accumulation” zone at the top of the chart. Since then, the market has been unwinding that move, printing lower highs and drifting back down.
Now the Hedera price is once again sitting right on top of the same green demand area that launched the last major rally. In other words, the market has given back the froth but is still holding the structural support that mattered most.
Why Maelius Calls This Area “Delicious” For Hedera
From Maelius’ point of view, this combination of factors makes HBAR attractive. The downtrend into support has already played out. The old accumulation zone beneath price shows that buyers were comfortable building positions here before, and the breakout that followed proved that demand was real.
He believes the current blue re-accumulation phase is close to ending because price has already cycled from euphoria back to boredom inside the range.
Instead of panicking, he views this as the part of the process where stronger hands quietly reload while weak hands exit after a long grind lower.
Momentum Signals Are Resetting for HBAR Price , Not Collapsing
Under the main chart, the momentum indicators back up that view. The initial oscillator, which follows the relative strength over a period of time, has a distinct trend. It topped out in the latest rally, eased in the consolidation phase, and, as it stands, it’s trending down in yet another shaded area.
A downward trend line has been plotted for this indicator, similar to that seen in the previous accumulation phase, by Maelius. Back then, a break of that line signaled the start of the big move out of the range. He is watching for something similar now. The indicator is no longer stretched; it is resetting near previous “value” levels rather than collapsing into extremes.
The MACD at the bottom tells a similar story. Histogram bars have pulled back from their peak and are now hovering close to the zero line, which often happens when a market is moving from a hot trend into a cooling, sideways phase. In the last cycle, a similar flattening of the MACD preceded the breakout from the accumulation zone.
HBAR Price Outlook: Patience Before the Next Big Decision
Put together, Maelius’ chart paints HBAR as a coin sitting at a major decision point rather than in free fall. Price has returned to the same high-timeframe demand zone that started the last bull leg.
The re-accumulation box above suggests that larger players have already spent months building and trimming positions, rather than abandoning the asset altogether.
If this support band holds and momentum breaks its local downtrend, the Hedera price could be set up for another leg higher out of this range, just like it did after the prior accumulation. If the green zone gives way, though, the whole structure changes and the “delicious” zone starts to look more like a value trap.
For now, Maelius’ message is simple: HBAR is back in a place where history says strong hands have been happy to buy. Whether that turns into another breakout or just a longer grind will depend on how the market reacts around this demand cluster in the weeks ahead.