Latest stable limit order, updated

🚀 Short sellers are in deep trouble! The opportunity to profit from $RIVER is here!

Brothers, I stayed up late last night monitoring the RIVER market and discovered an incredible opportunity!

Now the short sellers are all trapped; their opening price was 48.76, and the current price has surged to 59. They also have to pay the long positions a funding fee of 1.12% every hour — equivalent to an annualized loss of 10000%! This isn't shorting; they're just working for us and giving us money.

I've calculated that when the shorts can't hold on, they will have to close their positions. At that time, when buying pressure hits, the price will skyrocket. We just need to buy low and wait for the rise, and we can also earn the funding fees.

 

My own order strategy (very stable)

I used 25% of my capital as margin and opened 4x leverage, just enough to balance the risk.

For the first order, I set it at 57.20, using 12.5% of my capital, at a 4% pullback level, which is strong support. I set the take profit at 73.50 and the stop loss at 46.80 — if it breaks below 46.80, I’ll take the loss. The maximum loss would be 14% of my capital, which I can fully bear.

The second order is set at 51.80, also using 12.5% of my capital, just at the stop-loss line of the shorts. If it really breaks down, I’ll accept it and not hold on stubbornly.

 

I've calculated the profits and losses

Worst case: both orders get executed and hit the stop loss, with a maximum loss of 14%, which is manageable!
Best case: both orders get executed and rise to 73.50, making a 35% profit just from the market movement, plus the funding fees over 12 hours, which can sum up to almost half, very appealing!

 

Operation reminder (don't mess around)

I set the order validity to 24 hours; if not executed, I’ll cancel it. This asset is very volatile, so don’t hold on.
Don't go long and short at the same time! The cost of shorting is absurdly high right now, just giving away money.
Set the take profit and stop loss firmly when placing the order; don't change it out of impulse! The orders I placed last night are just lying there waiting, no need to do anything.

If the first order is executed, leave the second order as a hedge against a spike; if both orders are executed, just sit back and wait for the take profit, with nothing else to worry about.

💡 Lastly, I want to say: 4x leverage is already the limit; keep 75% of the funds in the account as a buffer, don’t be greedy!

If you find this useful, brothers, give it a like and join in to reap the rewards! If you have questions, call out to me in the comments; I'm watching the market. $RIVER

Key point: For those with poor memory, take a screenshot of the order strategy first, click below↓↓↓ to directly access the trading page to place orders!!
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