An announcement from the Treasure ecosystem about integrating autonomous AI agents and Treasure Chain infrastructure pushed MAGIC's price from $0.078 to a peak of $0.1595—a 45% rally driven by speculative momentum.

A sharp reversal followed shortly afterward
Heavy profit-taking triggered a rapid 31% correction, with the MACD turning negative and the RSI-6 dropping to 31, signaling that the trend was losing steam and warning against chasing the price.