I think $ASTS is primed to reverse to the upside again but it needs to find support soon.
It is dropping into the sweet spot now between the 0.5 - 0.618 Fib levels, where the 200 Day MA has been waiting.
So a hold here between $16 - $20 and I believe the next move is back up to ATH's again and can even go beyond $39
Wait for support but a small position here at least would make sense.
Francisco Martin
2025-01-16 07:22:44 +0000 UTCFrancisco Martin
2025-01-16 03:43:02 +0000 UTC