📉 One Mistake on $RIVER Could Wipe Your Month's Profit
Volatility is back. Today we saw massive wealth transfer from impatient traders to patient ones. Here is how to avoid being the victim.
The Trap:
Traders saw $RIVER cheap at $50 and bought. It dropped to $37. That is how liquidations happen—by assuming a coin "can't go lower." It always can. Currently, $RIVER is in a "No Trade Zone." The risk of further downside is higher than the reward of a bounce.
Survival Rule:
Use isolated margin, not cross margin. Set hard Stop Losses. If the trend is down, you look for Shorts, not Longs.
⚡️ Fresh Opportunities Forming:
Forget the missed trades. These two are setting up perfectly right now:
$NEAR (Long): Forming a bullish pattern, looks ready to fly.
$LTC (Short): weak price action, looks like it wants to visit lower lows.