Market outlook $MAGIC
• MAGIC is trading at $0.1853 (+28%) with a daily volume of $174.9 million (60% on Binance)
• Breaking a key resistance level at $0.15 after a 70% increase in trading activity
• Shows a pattern similar to the previous rise of 170% during AI integration
Growth factors
• Migration to Abstract Chain designed for AI-supported gaming applications
• Smol AI agents enabling decentralized applications to interact independently
• A new cross-chain function linking the Ethereum and Arbitrum environments
• Strategic reorientation from Treasure Chain (which will be halted in May 2025) towards Smolverse
Links: Treasure DAO expansion | AI integration | Multi-chain development trading strategy
• Monitoring the continued rise above resistance areas at $0.20-$0.22
• Following the time indicators for development and adoption rates of Smol AI agents
• Considering the impact of ZKsync Elastic Chain migration on scalability
• Caution against potential corrections after sharp rises, which is common in MAGIC's history
