AST SpaceMobile stock trades sideways as seller pressure emerges near $39.34 support

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AST SpaceMobile down 0.94% at $39.45

Highlights

AST SpaceMobile received S-band spectrum authorization from Brazil's Anatel, expanding its ability to provide direct satellite communications in a key emerging market.
The company secured secondary 700 MHz spectrum use through agreements with four regional carriers and plans four gateways to connect its BlueBird satellite network to terrestrial systems.
Shares of AST SpaceMobile closed at $39.45 with strong bearish momentum, and price is expected to trade in a $36.91 to $41.99 range with a high probability of further downside in the next 2 to 3 days.

Brazil spectrum clearance broadens market access and boosts integration prospects

AST SpaceMobile has secured S-band spectrum authorization from Brazilian regulator Anatel, a step that expands the company’s ability to provide direct satellite communications in a major emerging market, according to Morningstar. This regulatory progress increases AST SpaceMobile’s operational scope and creates new revenue opportunities by enabling technology integration with Brazilian mobile operators. The addition of secondary use rights for the 700 MHz band through agreements with four regional operators, along with plans to install four gateways to link its BlueBird satellite network with terrestrial systems, supports further development of its space-based cellular broadband service.

Bearish momentum builds as key supports tested and resistance caps gains

Technically, the $39.34 level (20-period moving average) is being held as short-term support, while $40.81 (50-period) and $78.58 (200-period) remain overhead resistance points. The Ichimoku Kijun sits just below at $39.22, marking immediate support. MACD and ADX both point to strengthening downside momentum. RSI is at 43.14, reflecting a mild bearish bias, while Stoch RSI and CCI remain neutral. Bull/Bear Power readings indicate only modest intraday buying influence, contrasting with the broader bearish signal from momentum indicators.

Downside favored as price risks fresh breakdown below support

Over the next 2–3 trading days, ASTS is expected to remain within the $36.91 to $41.99 range, reflecting typical volatility around current levels. The likelihood of a significant upward breakout is very low, while further declines below immediate support carry a high probability. The baseline expectation is for continued sideways action within this band unless resistance levels are clearly breached, or the price closes decisively below $39.22, which would confirm further weakness.

Anton Kharitonov, expert at Traders Union, sees recent regulatory gains as supportive but notes that technical momentum is firmly against the bulls. He believes downside risks persist due to weak momentum and nearby resistance, despite the S-band authorization opening a strategic door. Baseline expectation is for sideways to downward action while the price remains below key moving averages. "I remain defensive as long as ASTS stays below $40.81 and would only reconsider if support around $39.22 is decisively reclaimed."

Earlier, analysts noted that despite AST SpaceMobile's operational advances in Brazil, the technical outlook remained predominantly bearish. The latest analysis adds weight to that view by highlighting that downside risks persist, with a decisive close below $39.22 likely confirming further weakness in the near term.

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.