Polkadot price hovers near $1.25 in a risky zone; reclaiming $2.35 is key for bullish shift.

Polkadot's price has fallen sharply from its 2021 peak near $55 to around $1.25, trading within a high-risk accumulation zone. The asset remains under bearish pressure, with a key resistance level at $2.35 that must be surpassed and held to signal a potential bullish reversal. A weekly close below $0.90 could extend the downtrend, while upside targets depend on broader market strength and confirmed breakouts. Traders are cautious as the price sits at a critical decision point between further decline and early accumulation.