Victoria Bazir
AST SpaceMobile is sitting at a key decision zone on the weekly chart. After a strong multi-month run, price action has been consolidating near a major resistance area, and what happens next at $88 could set the tone for weeks ahead.
What $88 Means for ASTS Bulls
Reclaiming $88 would be a constructive signal for buyers. Fail to do that, and the $71 area quickly becomes the next downside reference. The full commentary is available via the primary source.
ASTS has been in a solid uptrend since flipping the Ichimoku cloud around mid-2024. Despite the recent pullback, trend structure has held up, which is exactly the kind of behavior you tend to see when a stock holds its uptrend while consolidating near major levels rather than rolling over completely.
$61 Is the Line That Changes Everything
Near term, it all comes down to how price reacts at resistance. If ASTS can't push through $88, a rotation toward $71 support looks likely within the current structure. Recent coverage has also highlighted the support and resistance levels shaping ASTS price action.
That said, the bigger trend picture does not shift unless $61 gives way. Losing that level would signal something more serious than a routine consolidation. Until then, the market is essentially in a wait-and-see phase where weekly closes near key levels will determine whether the stock resumes its advance or continues grinding sideways.
For now, bulls have a clear line to defend and a clear level to reclaim. The setup is straightforward: $88 back in play keeps momentum alive, a failure there brings $71 into focus, and $61 remains the last line of defense for the broader uptrend, a dynamic that plays out often when pullbacks appear but the bigger trend remains intact.
Victoria Bazir
