Polkadot Battles to Hold $2.00 Support While Eyeing $4.10 Amid Bearish Pressure

Key Insights:

• Polkadot faces bearish pressure, testing critical support at $2.00 after a prolonged decline.
• A break above $3.00 could signal a trend reversal, with resistance targets at $4.10.
• Falling below $1.85 would increase downside risk, pushing Polkadot closer to $1.60 support.

Polkadot ($DOT) is facing continued challenges as it tries to maintain its position above key support levels. Trading at around $2.00, Polkadot is testing its historical demand zone, which has served as a crucial support point in the past. Despite short-term stabilization, the overall market structure remains bearish, and the cryptocurrency is eyeing a higher price surge.

DOT Current Market Structure and Potential Bullish

Polkadot has been on a downward trajectory since the beginning of 2025. The price has formed lower highs and lower lows, confirming a bearish trend. According to the CryptoJournal, Polkadot broke below critical psychological levels, including $4.00 and $3.00, which increased selling pressure and pushed the price lower.

Polkadot is consolidating between the $1.85 and $2.00 support levels, which is crucial for the cryptocurrency’s future price direction. The moving averages are still sloping downward, indicating that the bearish market sentiment remains in control. The Relative Strength Index (RSI) is currently in the 40-45 range, showing weak momentum with early signs of potential stabilization.

For Polkadot to recover, it needs to hold above the $1.85–$2.00 support zone and reclaim the $2.30 resistance level. If this occurs, it may trigger a short-term rally, pushing the price toward higher levels. The key to a bullish reversal will be a break above $3.00. 

According to the expert, “A close above this level would be the first signal of trend improvement, paving the way toward resistance target levels at $2.30, $3.00, and $4.10.” However, if the price fails to reclaim these levels, the overall bearish trend will likely continue.

Bearish Risks and Potential Downside

If Polkadot falls below the $1.85 support level, the downside risk will increase. A break below this zone could lead to further declines toward $1.60, a key historical support level. If this breakdown occurs, Polkadot could face significant selling pressure.

“Losing the $1.85 support would expose DOT to more downside risks, and a test of $1.60 is very likely,” CryptoJournaal stated. If Polkadot manages to stay above the $1.85–$2.00 range, there is still potential for a relief rally. However, continued bearish momentum may push the price lower.

The price is hovering near $2.03, down 6.73% in the past 24 hours, with a 24-hour trading volume of over $242 million. Traders are watching closely as DOT tries to stay above the $1.85–$2.00 support area.