AST SpaceMobile shares drop almost 3% after technical indicators signal continued bearish momentum

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Ast spacemobile slips 2.84% today

Highlights

AST SpaceMobile increased its mobile operator partnerships to over 60, reaching coverage of more than 3 billion subscribers worldwide.
The company aims to launch direct-to-smartphone space-based broadband service, but requires further regulatory approvals and satellite deployment before generating substantial commercial revenue.
Shares of AST SpaceMobile trade under sustained selling pressure, remain below key technical levels, and face a projected five-day range of $53.76 to $62.72 with a high likelihood of further downside.

Network partnership gains offset by stalled revenue drivers

AST SpaceMobile expanded its mobile network operator partnerships to over 60 companies globally, covering more than 3 billion subscribers. The company continued progress toward commercializing its space-based cellular broadband service, aiming for direct smartphone connectivity alongside terrestrial networks. Partnerships with major operators such as AT&T, Verizon, and Vodafone have been established, though regulatory approvals and satellite deployment remain pending before significant commercial revenue can be generated, though price action has remained under broader selling pressure.

Anton Kharitonov, expert at Traders Union, points out that AST SpaceMobile has failed to attract meaningful buyer interest despite its global network partnerships. He notes that the technical structure remains weak, with the stock below all key moving averages and negative momentum indicators dominating. Kharitonov is critical of the slow progress in regulatory approvals and commercial rollout, which continues to weigh on sentiment regardless of strong partnership headlines. He remains skeptical about a near-term reversal unless clear demand emerges above $61.06. "Until buyers decisively reclaim lost ground, I see further downside risk and advise caution in this name."

Viktoras Karapetjanc, expert at Traders Union, sees strong long-term potential in AST SpaceMobile's global operator alliances covering over 3 billion subscribers. He remains constructive as the company aligns itself with major telecom partners like AT&T and Vodafone, laying foundations for future revenues as regulatory milestones are cleared. Karapetjanc emphasizes that broad selling offers opportunity for investors focused on future adoption and commercialization. "I believe the bullish structure remains intact — forward momentum is likely once catalysts around satellite deployment materialize."

Parshwa Turakhiya, analyst, emphasizes that short-term sentiment is stretched with sellers firmly in control. He highlights the volatility near session lows and sees room for further downside, but also watches for a possible rebound if the price tests key support at $57.61. Turakhiya views current conditions as suited for nimble trades rather than long-term positions. "If momentum shifts and buyers step in near support, a tactical bounce could deliver quick gains — otherwise, downside remains the dominant scenario."

Bearish momentum deepens as sellers pressure key technical levels

AST SpaceMobile trades below its 20-day, 50-day, and 200-day moving averages at $62.61, $64.54, and $81.58, respectively, reflecting persistent pressure from sellers across all timeframes. The nearest support stands at $57.61, with resistance at $61.06 and a distant Ichimoku Kijun level at $65.4 reinforcing a bearish trend. Momentum is negative: the MACD at -2.02 signals strong selling, while a weak trend is reflected by the ADX at 9.59. Oscillators such as the RSI at 44.53, CCI at -78.06, and Stochastic RSI at 48 all point to moderate selling pressure without sharply oversold conditions. The BBP at -0.6 and AO at -1.85 confirm that sellers continue to dominate short-term momentum. Intraday, the stock is near session lows after a gap down, with heightened volatility at 5.99%. Overall, technical indications align with continued bearish sentiment.

In a recent review, analysts highlighted persistent technical weakness and a prevailing bearish outlook for AST SpaceMobile as the stock remained under key moving averages. The current analysis reinforces this negative bias, with traders advised to monitor the $57.61 support level as a potential inflection point for renewed downside risk.

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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