The stock of AST SpaceMobile Inc. ($ASTS) has been experiencing a period of volatility, with recent trading activity indicating a potential downturn. Analysts suggest that profit-taking has been occurring over the past week, as trading volume decreases and the stock remains near its lows. One trader expressed a bearish outlook, anticipating a drop to the $24 range, while another indicated that the stock might eventually trade under $12. The market capitalization of $ASTS is currently estimated at $4.9 billion, and there are concerns about the impact of a significant number of shares—1.2 billion—trading below the $5 mark. Despite the recent gains over the past four months, some traders are warning that a correction may be imminent.