EDGEUSDT: liquidity sweep before bearish moveEDGEUSDT Perpetual ContractBYBIT:EDGEUSDT.P3CommasThe Macro Picture 🗺️ EDGEUSDT printed a textbook 3x impulse from the $0.55 macro floor into the $1.55 macro ceiling, and the structure has since cooled into a post-impulse range between $1.20 and $1.40. The late-May wick into $1.55 looks like a clean liquidity sweep — bulls who chased the breakout were trapped and over-leveraged longs got cleared out before price snapped back inside the box. RSI confirms the shift, printing a quiet bearish divergence against the May peak as momentum drains. This is a volatility playground sitting at a high-confluence decision zone, and the next directional impulse will most likely follow whichever boundary breaks first. The Setup ⚙️ The Ceiling: The $1.50–$1.55 supply pocket has now rejected price twice, and bears are defending it with conviction — each test prints heavier sell pressure than the last, leaving the macro ceiling structurally intact. The Floor: The $1.20 lower boundary is the real structural pivot. A clean breakdown clears out the late-buyers stacked above it and opens the path of least resistance toward the deeper $0.85–$0.95 accumulation pocket, as indicated by the white projection. The Range Play: The zone between $1.20 and $1.40 creates a structural playground for grid-based accumulation while the market decides direction — capturing the rotation between boundaries without forcing a single-side thesis. The Roadmap: Primary target sits at $0.90 — a sustained daily close below $1.20 triggers the flush as the post-impulse range fails and momentum unwinds. Invalidation: a clean daily close above $1.55 would invalidate this bearish-leaning thesis and put continuation toward $1.80+ back into play.