#TrendTradingStrategy WIF Cryptocurrency Up 13% on Improved Market Sentiment

Dogwifhat (WIF) cryptocurrency rose 13.17% in 24 hours to trade at $0.97, driven by a rising Bitcoin price and improved overall sentiment.

WIF also rose 4.41% over the week, with a trading volume of $570 million.

The price moved between $0.855 and $0.98 during the day, with technical support from a breakout of the "cup and handle" pattern and a golden cross between the 50- and 200-day moving averages, reinforcing the uptrend.

The price is approaching resistance at $1.031, with immediate support at $0.90.

Analysis data indicates a strong demand zone between $0.855 and $0.877, which coincides with Fibonacci levels.

Open interest increased 18% to $480 million, while trading volume jumped 85% to $2.41 billion, reflecting the inflow of new liquidity and increased upward momentum.