DOT Rebounds to $3.90 Support Level Following Initial Price Upswing -

Polkadot’s DOT Rebounds Before Settling at $3.90 Support; Paraguay Invests $6M in Blockchain Initiative

Polkadot’s native token, DOT, ended Thursday near $3.90 after briefly advancing above $4.00, with trading data pointing to institutional accumulation, according to CoinDesk Research’s technical analysis model.

The asset first tested $3.81 before climbing to $4.02 on 4.6 million units traded. Analysts noted turnover above 320,000 units during the initial dip indicated institutional repositioning rather than retail-driven selling. Resistance solidified at $4.02, while renewed buying interest established clear support in the $3.90–$3.91 range.

DOT has since consolidated between $3.91 and $3.95, a pattern seen as professional accumulation amid market stability.

Separately, Paraguay committed $6 million to a Polkadot-powered tokenization initiative, marking a rare government-backed use case for blockchain infrastructure.

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