DOT Holds $3.90 as Polkadot Retraces Gains from Earlier Surge

DOT Finds Support at $3.90 as Paraguay Unveils $6M Polkadot Tokenization Plan

Polkadot’s native token, DOT, tested resistance at $4.02 on Thursday before easing back to a firm support zone at $3.90–$3.91, with trading behavior pointing to institutional accumulation, CoinDesk Research’s technical analysis shows.

DOT began the session with a dip to $3.81 on volumes above 320,000 units, a move analysts described as professional repositioning rather than retail selling. Buyers stepped in aggressively, lifting the price to $4.02 on 4.6 million units traded, before the token consolidated back toward $3.90 support.

Institutional volume patterns and tight trading ranges suggest ongoing accumulation. Resistance remains capped at $4.02, while consolidation between $3.91 and $3.95 indicates measured positioning from professional players.

The move came as the Republic of Paraguay announced a $6 million allocation to a Polkadot-powered tokenization program, signaling a landmark government commitment to blockchain infrastructure in South America.

Key Technicals

• 24-hour range: $3.81–$4.02 (5.2% volatility)
• Support: $3.90–$3.91 backed by institutional flows
• Resistance: $4.02 on heavy sell pressure
• Volume: 4.6M units on recovery leg from $3.81 lows
• Consolidation: $3.91–$3.95 reflects professional accumulation

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