#EDGE Possible Scenario EDGE / Tether PERPETUAL FUTURESMEXC:EDGEUSDT.PEtoYa777Overview & Current Market Structure Current Bias: Bullish (Trendline Bounce Setup) Current Price: ~0.4009 USDT The 4-hour chart shows EDGE recovering from its massive early-July spike and entering a steady ascending consolidation phase. Price action is currently respecting a clear upward-sloping support trendline and holding above a key moving average, signaling potential upside continuation toward previous local highs. 1. Trend Identification Macro Trend: Neutral-to-Bullish. Following a explosive volatility spike in early July to over $0.55, the pair entered a cooling-off period. Micro Trend (4H): Uptrend / Ascending Consolidation. Price has consistently produced higher lows since mid-July, respecting an ascending trendline that signals persistent buying pressure on dips.