Triangle Support Holds as $743 Decides the Next Zcash Move

ZECUSDT pulled back about 15% this week, but the chart still keeps its bullish structure intact. Price continues to move inside an ascending triangle, with the ceiling at $738–$743 stopping every breakout attempt since early November. The rising trendline below price is still holding, which means buyers are stepping in on every dip. The first test is $606. A clean close above this opens room toward $684, but the real breakout sits at $743. That is the level that confirms the triangle and restores full bullish momentum.

If ZECUSDT fails to hold the rising support near $469, the entire setup weakens. A breakdown there exposes $367, which is the next meaningful support on the chart. Until that level is lost, the broader structure still leans upward, even after the recent pullback.

Momentum readings add extra confirmation. Between 30 October and 24 November, price made a higher low while the RSI made a lower low — a hidden bullish divergence that usually supports continuation. A similar signal in early November triggered a rally of more than 74%. MFI has also turned up while price pulled back, showing dip-buying strength. These signs help the triangle case but mean little unless ZECUSDT breaks $606 first and $743 after.