On the 2-hour time frame, AST SpaceMobile (NASDAQ:ASTS) has broken out of a downtrend, as shown in the chart, but has not yet closed above the critical resistance level of $25.69, with the current price at $25.18. This breakout suggests a potential shift in momentum. If the stock sustains this upward trend and closes above $25.69, technical indicators point to a possible target of around $29. However, failure to break this resistance could limit near-term gains in the dynamic space-telecom sector.
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