MAGIC, the native token of Treasure ecosystem, has seen a significant surge of 23-30% due to aggressive buying, breaking through key resistance at $0.1600 and testing critical levels near $0.1737. The current price is $0.1674, with 47.3 million tokens traded, indicating strong demand.

Key Factors Driving the Surge:

- Strategic Push into NFTs and AI-driven Web3 Gaming: Treasure's expansion into NFTs and AI-driven gaming has fueled the rally, increasing its on-chain entertainment footprint.

- Symmetrical Triangle Breakout: Analysts see this breakout as a bullish signal, predicting MAGIC could test $0.30 in the short term and potentially hit $2 by late 2025.

- Growing Community Traction: Ecosystem partnerships and community support have bolstered confidence in the token's utility.

Trading Strategy:

- Breakouts above $0.1600: Validate bullish momentum, positioning MAGIC for a retest of $0.1737 and $0.30.

- Entry Points: Consider entries during pullbacks to reclaimed support zones around $0.1600.

- Take-Profits: Set near resistance clusters.

- Caution: A sharp volume drop below 40 million tokens could signal overextension.

Market Sentiment:

- Binance Square Traders: Are optimistic, citing the strong bullish rally and ecosystem developments as drivers.

- Community Confidence: Remains high, with buyers defending dips as accumulation opportunities

DYOR always .