In the last 4 hours, the DOT/USDT trading pair has shown notable activity, reflecting broader market trends and specific developments within the Polkadot ecosystem. The price movement has been characterized by moderate volatility, with fluctuations in both directions. Initially, DOT experienced a slight dip, testing support levels around $5.20, influenced by a general market downturn and some negative sentiment surrounding recent regulatory news.However, this support held firm, and we witnessed a rebound as buying interest picked up. Positive sentiment from Polkadot's ongoing development efforts, particularly their work on cross-chain functionality and parachain auctions, has bolstered confidence among investors. This led to a recovery, pushing the price towards the $5.50 resistance level. Trading volume has been relatively high, indicating strong participation from both retail and institutional traders.

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