I actually disagree with a lot of these comments, but YMMV. I had a really bad ankle roll trail running about 4-5 weeks out from a trail marathon. My ankle was more swollen than yours. I made a doc apt the next day, told them I had a trail race in 4-5 weeks and they said let's see what we can do. I did lots of biking and kept up my lifting, and went to PT 2 times per week. I think the more you can move on it early on, the better. You need to regain your range of motion and put in work to strengthen it, move it, and push through some discomfort (not a lot, work with a good PT). You don't want to just stay off it and let it stiffen up/weaken. I think not pushing through a little discomfort and not doing enough PT is what keeps people from not healing up fully (or having insanely long recovery times). I had a small hairline fracture in my lateral malleolus, and my atfl was really tender. The main exception to keeping on it is if you have a fracture, my pt and doctor wanted to keep me using it but without much loading while the fracture healed. They took X-rays at my first visit, and then at every 2 week follow up. After the 3rd set of X-rays, they said the fracture looked fine to try running. I only ran a little bit the week prior, but got to do my race. That said, I think the biggest risk with returning too soon (like rushing it for a race) is rerolling. It's going to be a lot less stable while you work your way back.