Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently, I've been watching the movement of RIVER, and the same logic applies—price may continue to test the lows before rebounding. In this kind of market, setting stop-loss and take-profit levels is especially critical; otherwise, a single fluctuation can make the account quite uncomfortable.
Currently, RIVER is quoted at 15.1. My view is that if you have enough time to monitor the market, you can participate in this oscillating market. But honestly, for traders who can't watch the market all day, I really don't recommend chasing aggressively. Be aware of the risks.
Friends who have been following along before, the most important thing now is to set your stop-loss orders properly, and don't forget to set reasonable take-profit points. This way, even if the trend goes against your expectations, losses can be kept within an acceptable range. After all, preserving capital is the foundation of long-term trading.