Vodafone España agreement fails to halt AST SpaceMobile stock decline below key support marks

Traders Union
All News
Companies
AST SpaceMobile slides 3.15% today

Highlights

ASTS trades decisively below major moving averages, reflecting prolonged downside momentum across timeframes.
Technical indicators signal prevailing bearish sentiment, with oversold conditions and sellers maintaining dominance.
ASTS is expected to remain volatile within a $59.00 to $72.50 range, with limited likelihood of a near-term rebound.

Sustained downside momentum as price trades below major technical levels

ASTS is trading well below key moving averages, with the current price of $65.86 positioned under the SMA-20 ($95.33), SMA-50 ($86.99), and SMA-200 ($80.88), indicating persistent short-, medium-, and long-term downside momentum. The Ichimoku Kijun on D1 is at $100.49, which represents an immediate resistance level above the market. Near-term support is found at the SMA-200 ($80.88), with key support at the SMA-100 ($88.98), while near-term resistance is at the SMA-50 ($86.99) and immediate resistance at the Ichimoku Kijun ($100.49).

Persistent selling pressure amid oversold momentum and high volatility

Momentum signals on D1 remain weak, with MACD, RSI, and ADX all forecasting sell or neutral directions. RSI on D1 stands at 37.30, Stoch RSI and CCI are in oversold territory, and BBP shows sellers firmly in control. Awesome Oscillator is in line with the negative trend. Over the past week, ASTS has fallen $14.80 (18.11%) from the previous week’s close of $80.66, trading at the very bottom of the weekly range as volatility stands at a high 19.00%. The tone is that of a steady decline driven by persistent downside pressure. In today’s session, the price has dropped 3.15%, underlining continued heavy selling.

Limited rebound prospects as volatility keeps price near annual lows

For the coming week, a normalized price range of $59.00 to $72.50 is expected, reflecting recent weekly volatility and current levels. Based on W1 momentum signals (one Buy out of four possible: MACD W1 Strong Buy, while MA-50 W1, RSI W1, and ADX W1 split between Sell and Buy), the probability of a rebound is very low (less than 20%), making further downside more likely. The baseline scenario is for ASTS to remain volatile but largely sideways within this adjusted corridor. A bullish scenario would require a breakout above near-term resistance near $87.00, while a bearish scenario would see the price slipping below $59.00, with next supports toward the 52-week low at $36.08. The current forecast range situates ASTS much closer to its yearly lows, highlighting considerable short-term risk.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

Previously it was reported that AST SpaceMobile continued to face broad selling pressure despite operational progress and strategic partnerships. This update adds a new perspective as evolving market conditions may heighten sensitivity to upcoming company milestones, making the next scheduled satellite launch a key event for traders to monitor.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.