More generally:
I'm not a big SQL wonk anymore, but I find a lot of people have the intuition that relational databases are ill-suited for trees.
An intuition that is much closer to the truth is that almost all databases can handle trees pretty well, because there's still an unambiguous concept of ordering and containment, and you can usually arrange things so as to do range/ancestor/inclusion queries efficiently.
It's graphs with loops/without unambiguous concept of ordering/containment that are really hard.
One way involves accumulating an array of nodes already visited as the tree gets walked, checking each node as-visited for membership in the array-to-date.
The other method, a bit more of a hack, is just adding a LIMIT clause.
I think the 'WITH' clause is a great addition to the SQL standard, very much worth the learning the weirdness of its syntax and its optional 'RECURSIVE' term (which, as the Postgres documentation points out, isn't really recursion, it's iteration).
But in this case, writing a before insert/update trigger which ensure some_post.created_at < parent.created_at before setting parent.parent_id = some_post will do the trick.