What triggered AST SpaceMobile shares' latest move lower

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Ast spacemobile slips 1.05% today

Highlights

AST SpaceMobile achieved full deployment of BlueBird satellites 8, 9, and 10, advancing its direct-to-smartphone broadband service.
The company announced $70.9 million in 2025 revenue, large operating losses, and strong progress toward a Rakuten joint venture supported by $926 million in government subsidies.
Despite recent selling pressure, technicals indicate a bullish structure with high volatility and a projected trading range between $74.89 and $100.98 over the next week.

Joint venture progress and liquidity offset by persistent selling pressure

AST SpaceMobile confirmed the successful operational deployment of BlueBird satellites 8, 9, and 10 for its direct-to-smartphone satellite broadband initiative. The company reported $70.9 million in 2025 revenue and substantial operating losses, maintaining solid liquidity. Progress was reported toward a joint venture with Rakuten Group, including government subsidies of $926 million, and preparations continue for additional satellites, though price action has remained under broader selling pressure.

Anton Kharitonov, expert at Traders Union, sees the bullish technical structure as fragile. He notes that momentum indicators show clear selling pressure, despite price holding above key averages. The strong headline about new satellite deployments is not enough to offset persistent losses and volatile sentiment. Substantial operating losses and reliance on subsidies add fundamental risk. "Do not underestimate the potential for a break below $86.88, as the downside scenario remains real despite recent news," Kharitonov warns.

Viktoras Karapetjanc, expert at Traders Union, believes AST SpaceMobile retains a bullish long-term setup. He highlights the company's satellite deployment milestones and the significant government backing as strong tailwinds. The forecasted upside volatility band suggests further growth opportunities. "With the bullish structure intact and international partnerships expanding, I expect positive momentum to accelerate above $89.81," states Karapetjanc.

Jainam Mehta, market strategist, notes the current sideways consolidation after recent volatility. He sees the mixed momentum signals as an opportunity for tactical entries, especially if price tests support or resistance. Macro uncertainty may create moves outside the typical volatility band. "A break above $89.81 could signal a potential breakout for momentum traders," Mehta suggests.

Bullish technical structure sustained amid mixed momentum and overbought signs

ASTS is trading above its 20-day, 50-day, and 200-day moving averages ($86.88, $86.21, and $81.68), preserving a bullish structure across short-, medium-, and long-term timeframes. Immediate resistance is defined at $89.81, while the nearest support aligns with the 20-day average at $86.88. Momentum signals from the MACD show strong selling, and the ADX indicates a neutral trend. The RSI is neutral and tilts bullish, but the Stochastic RSI and Bull/Bear Power highlight overbought conditions, signaling potential for a near-term pullback. The CCI and Awesome Oscillator remain neutral. The stock trades close to session highs after opening lower, with notable intraday volatility at 7.70%. Overall, price action shows persistent strength, partially contradicted by mixed momentum signals.

Previously it was reported that significant government funding and strategic partnerships had shifted AST SpaceMobile’s outlook toward renewed bullish sentiment. The current technical setup, reinforced by successful satellite deployments and resilience above major moving averages despite recent selling, highlights $89.81 as the critical resistance level to watch for confirmation of further upside momentum.

Source of Data: ASTS Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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