🩸 $ASTS — 1H Flush Into Support

$ASTS just got hit with a sharp -8.35% drop, falling from the $63.77 high to $58.06.

Now the interesting part: RSI(6) is only 6.21 — extremely oversold on the 1H chart. Price is also approaching the previous $57.17 swing low.

This doesn't guarantee a bounce, but a reaction here could create a short-term setup.

📍 Bounce watch

🟢 Entry: $57.30–58.10 after stabilization

🎯 TP1: $59.74

🎯 TP2: $61.20

🎯 TP3: $62.65

🎯 Major resistance: $63.77

🛑 Invalidation: below $56.80

🔥 Key trigger: Reclaiming $58.30–58.50 with buying volume would be the first sign that sellers are losing control.

If $57.17 breaks, the bounce setup needs to be reassessed.

👀 Oversold bounce incoming, or does $57 break first?

⚠️ Extreme volatility after a liquidation-style move. Wait for confirmation and manage risk.

$ASTS
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