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| TST Coin Crashes 68% on Binance |
In a stunning turn of events, TST Coin suffered a massive intraday crash on Binance, plunging by nearly 68% within just 15 minutes on August 7, 2025. The token dropped from $0.04960 to $0.01547, shocking investors and igniting widespread concern across social media and trading communities.
Although the coin slightly recovered to $0.02498, it still closed the day with a 38.03% net loss. The dramatic decline, marked by a long red candlestick on the trading chart, coincided with a sharp uptick in volume — signaling intense panic selling.
Live TST Chart & Market Data: Track TST Coin on Binance
What Caused the TST Coin Crash?
At around 4:00 AM UTC, a significant red candle on the TST/USDT chart signaled a sudden and aggressive breakdown below critical support. The token, which briefly touched a daily high of $0.04960, dropped to $0.01547 amid soaring trading activity — a textbook example of a flash crash.
Chinese blockchain journalist Wu Blockchain confirmed the event via screenshots, while Coinglass data showed major liquidations in the derivatives market. Traders using leverage were caught off guard, accelerating the decline through forced sell-offs.
Key Technical Insights: TST Faces Downward Pressure
- Price Action: Rebounded to $0.02498, but remained below the $0.03 psychological level
- Support Zones: Currently ranging between $0.020–$0.025 — a temporary buffer zone
- Moving Averages: Bearish short-term crossover suggests sustained downward pressure
- Volatility Indicators: High, with potential for further whipsaw moves
Pro Tip: Learn how to read candlestick patterns in crypto using this CoinMarketCap Guide
Derivatives Market Under Stress: Liquidations Surge
According to Coinglass TST Futures Data:
- Open Interest dropped by 35% across major platforms in the last 24 hours
- Binance recorded a more severe 40%+ decline in TST futures
- Long positions were forcefully liquidated, triggering cascading sell-offs in the spot market
The ripple effect of this liquidation wave created a feedback loop — increasing panic selling while decreasing available liquidity, which further amplified price volatility.
Was Algorithmic Trading to Blame?
Crypto analyst Wu Blockchain noted that automated trading bots may have intensified the collapse. During the crash, bots likely detected downward momentum and executed algorithmic sell orders, adding to the pressure.
Although the bulk of selling appears to have subsided, short-term volatility remains high, especially among low-cap altcoins like TST, which are more sensitive to volume spikes and sudden investor sentiment shifts.
What’s Next for TST Coin?
Recovery Scenario:
If the price stabilizes above $0.025, TST could enter a consolidation phase. A move above $0.03 would signal a potential return of investor confidence.
Bearish Continuation:
If TST drops below the $0.020 support, further declines to $0.015 or even lower are possible, particularly if broader market conditions remain uncertain.
Important Reminder: Altcoins with low liquidity and low trading volume are highly susceptible to manipulation and sharp corrections. Always manage your risk.
Final Thoughts: TST Coin’s Flash Crash Is a Wake-Up Call
The unexpected collapse of TST Coin on Binance highlights the fragility of low-cap assets, especially when mixed with high leverage and algorithmic trading. For retail investors, this is a critical lesson in risk management, diversification, and the need for cautious entry into volatile altcoins.
As the dust settles, all eyes are on the $0.025 level. Will TST recover, or is more downside on the way?
For More Analysis: Follow Wu Blockchain on Twitter for real-time updates from Asian crypto markets.
- How Liquidations Work in Crypto Derivatives
- What Is a Flash Crash and How Can You Avoid It?
- Best Risk Management Strategies for Altcoin Traders
