Japan 700 MHz direct-to-smartphone framework endorsed: Can AST SpaceMobile stock extend gains?

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AST SpaceMobile rises 1.7% to $59.1

Highlights

Japan’s Radio Regulatory Council approved the 700 MHz direct-to-smartphone framework, expanding AST SpaceMobile’s market reach through its partnership with Rakuten.
AST SpaceMobile received 30-day FCC approval for testing supplemental satellite coverage, advancing both regulatory and technical milestones in the sector.
Shares of AST SpaceMobile trade below key moving averages with technical signals indicating persistent bearish momentum and a likely range of $55.76 to $62.44.

Market access expands as regulatory approval in Japan advances

Japan’s Radio Regulatory Council endorsed the 700 MHz direct-to-smartphone framework in September, advancing regulations that pave the way for AST SpaceMobile’s BlueBird satellites to enable service in partnership with Rakuten, according to Newsable Asianetnews. This confirmed regulatory step directly expands the company’s addressable market in Japan and may increase strategic interest from partners. In August, AST SpaceMobile also secured a 30-day special temporary FCC approval to test supplemental satellite coverage on contested spectrum, as reported by Finance Biggo, underscoring active progress on regulatory and technological fronts.

Sell signals intensify as support holds amid diverging momentum

On the technical front, ASTS is trading under the MA-20 ($59.22) and MA-50 ($61.73) on the hourly chart, as well as below the MA-200 ($81.41) on the daily timeframe. The Ichimoku Kijun level at $59.07 offers immediate support. MACD is on a Strong Sell signal, with ADX also indicating a Sell bias. The RSI stands at 44.64, which registers a Sell reading, while Stoch RSI and Bull/Bear Power are highlighting overbought conditions. Meanwhile, CCI and the Awesome Oscillator are both neutral, highlighting a sharp divergence between momentum and intraday signals, with the price up and volatility elevated.

Downside risk prevails as sideways consolidation expected

Looking ahead to the next few sessions, ASTS is expected to trade within a range of $55.76 to $62.44. The probability of an upward move is estimated at just 27%, making a downward move more likely in this volatility band relative to current levels. The base case is for the price to consolidate in a sideways pattern; a break above immediate resistance would be necessary to trigger a bullish scenario, while a decisive move below support would open the way for further losses.

Anton Kharitonov, expert at Traders Union, sees AST SpaceMobile’s recent regulatory advances as a positive step, but he cautions that technical signals remain weak. He notes that the stock trades below all key moving averages, and momentum indicators confirm persistent selling pressure. The fundamental news flow from Japan and the FCC offers strategic potential, but the near-term setup is still bearish unless the price can reclaim resistance. "Base case remains range-bound with a downside bias — I stay defensive unless ASTS closes decisively above $62.44."

In a recent review, analysts highlighted that AST SpaceMobile remained under sustained downside momentum despite operational progress and support from strategic partners. The current article reinforces this bearish outlook with ongoing technical weakness and elevated volatility, making a decisive move above immediate resistance or below key support critical for signaling the next directional shift.

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

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.