ASTS – $130 Crash to $89 Rebound: Bulls Charging Back?AST SpaceMobile, Inc. Class ABATS:ASTSDEXWireNewsASTS trades at ~$89.12 (up +0.44% intraday on 1H chart), showing solid recovery strength after a deep correction. The stock surged from mid-2025 levels to a peak near $129.88 in late 2025, before a multi-month pullback dropped it to lows around $36.08 in early 2026. Key observations: - Clear downtrend channel from Nov 2025–Feb 2026 broke lower, but price decisively bounced off $36–$40 support. - Recent action broke the descending trendline, forming higher lows and reclaiming $85–$90 zone with increasing volume on up days. - Momentum flipped bullish; holding firmly above the 50-period MA. Analytical buyer outlook: - Upside trigger: Hold $88–$90 and break $95–$100 (recent resistance) on volume — targets $110–$120 retest. - Support to defend: $85–$88 zone; break risks slide to $75–$80. - Satellite connectivity/AI tailwinds support the bounce. Verdict: Correction exhausted — bullish reversal underway. Buyers dominant near $88–$90. Constructive setup if $95 clears; bias positive.