Saad Ullah
⬤ AST SpaceMobile (ASTS) has fallen into the $80s after losing its $90 support level. The stock has been stuck in a "Sell" zone since late January, when it first triggered a sell signal near $120. Now trading below what used to be a solid $90 base, the shares are showing continued weakness. Traders watching this level can find related analysis in AST SpaceMobile Stock Drops Below Key Base – $90 Support Zone in Play.
⬤ Before this downturn, ASTS had an impressive run from around $50 all the way past $120 during its previous "Buy" signal phase. But the current pullback isn't showing signs of bottoming just yet—it's being treated as an extension of the sell-zone environment rather than a turnaround point. The recent volatility has been sharp, as detailed in ASTS Stock Drops Over 14% as AST SpaceMobile Enters Sharp Pullback.
⬤ Looking at the road ahead, HeatSeeker "King Node" levels are pointing to $75 for next week, suggesting there's still some downside risk in the near term. However, there's another King Node around $115 set for the week of March 20, which could signal a potential rebound if conditions align. Earlier upside projections had been even more optimistic, as covered in ASTS Stock Outlook: AST SpaceMobile Eyes $150 Target as Shares Hold Near All-Time Highs.
⬤ For now, ASTS remains stuck below broken $90 support and trapped in the sell zone. Traders are watching to see if the anticipated drop to $75 plays out, and whether a recovery move toward $115 can develop on the projected timeline.
Saad Ullah
