Alex Dudov
AST SpaceMobile has been quietly building momentum while most of the market spotlight has pointed elsewhere. The stock is holding a clean ascending channel on the weekly chart, and with its direct-to-device satellite broadband model still drawing long-term interest, ASTS is worth a closer look for traders watching the space communications theme.
ASTS Shows Resilience With 4.61% Weekly Gain
While broader markets were dealing with fresh pressure, AST SpaceMobile posted a solid week. ASTS closed near $83.90, up roughly 4.61% on the weekly chart, a move that didn't get much mainstream attention but caught the eye of traders following its space-based broadband setup. The company's model, built around global coverage without traditional ground towers, keeps it in a category of its own.
What stands out technically is the well-defined ascending channel that has shaped ASTS price action over the past several months. After pulling back from highs above the $100 area, the stock found footing near the channel's lower boundary and has since bounced higher. The chart structure points toward a potential continuation to the upper channel boundary, provided the trend stays intact. Earlier analysis covering weekly chart stability despite volatility swings noted that ASTS held its long-term structure even through heavy turbulence, and the current setup reflects exactly that pattern.
$90 Resistance Remains the Key Level to Watch
Options activity has added another layer to the story. There has been notable call positioning clustering near the $90 level, which suggests that area continues to act as a short-term ceiling influencing price behavior. That matters because ASTS recently experienced a pullback into the $80 range after losing $90 support, reinforcing just how important that psychological threshold has become in recent price action.
From a bigger picture view, ASTS is still one of the cleaner stories in the direct-to-device satellite broadband space. The rising channel remains intact on the weekly timeframe, and the stock's ability to hold structure while markets wobble could keep it on traders' radars as it approaches its next test near upper channel resistance. The setup isn't flashy, but the trend is orderly, and that's often enough.
Alex Dudov
