Saad Ullah
⬤ AST SpaceMobile is holding its position inside a well-defined ascending channel on the weekly chart. Price is currently near $95, recovering from the lower boundary after a pullback. According to Sky, the outlook remains unchanged: ASTS keeps moving between channel support and resistance, with the upper target still pointing toward $150+.
⬤ The chart continues to print higher highs and higher lows, confirming the broader uptrend. The bounce from the $80-90 support zone mirrors earlier reactions at the same level, reinforcing the pattern. AST SpaceMobile Holds Rising Channel with $1B+ in Contracted Revenue Ahead of Earnings previously covered a similar setup, with the stock maintaining its structured climb inside the same channel.
⬤ After pulling back from the $110-$120 range, the stock stabilized and pushed higher again, reflecting sustained demand at the lower boundary. Related coverage in AST SpaceMobile Holds $80 Fibonacci Support, Eyes $129 Target pointed to the same support zone as a key technical level.
⬤ The ascending channel remains the dominant structure in ASTS price action. As long as the lower boundary holds, the trend stays intact and the $150+ range serves as the next logical target. ASTS Stock Tests 50DMA as SpaceMobile Eyes 56% Breakout Toward $150 also identified the same upside zone, reinforcing the level as a widely tracked technical objective.
Saad Ullah
