Marina Lyubimova
⬤ AST SpaceMobile Inc. (ASTS) is putting on quite a show right now, building solid bullish momentum as it closes in on a critical resistance point. The bulls are clearly in the driver's seat, pushing the price higher and setting up what could be a defining moment at the $102.79 level. If ASTS manages to lock in a weekly close above this mark, it would essentially rubber-stamp the continuation of this uptrend and potentially open the door to even bigger gains down the road.
⬤ The recent rally has been pretty impressive, with the stock hitting $101.25 when this was reported. That kind of price action tells you the bulls aren't messing around—they're in control. But here's the thing: we need to see that clean weekly close above $102.79 to really confirm this trend has legs. As the stock inches closer to this breakout zone, everyone's watching to see if it punches through or pulls back.
⬤ Getting a weekly close above $102.79 would be huge for ASTS bulls, essentially confirming there's more room to run on the upside. That said, we're not there yet. The next few trading sessions are going to tell the story. If it breaks through convincingly, you can expect more buyers to pile in. But if it fails to crack that level, we could see some hesitation creep in and maybe even a pullback.
⬤ The next couple of days are make-or-break time for ASTS as it battles this $102.79 resistance. A clean breakout would likely fuel even more buying pressure and strengthen the bullish case significantly. On the flip side, if the stock can't push through, it might inject some caution into the market and potentially trigger a retracement as traders reassess their positions.
Marina Lyubimova
