Can I still operate T+0 trades when my account's net value drops to below $2,000?

Accounts with a net value below $25,000 can only operate 3 T+0 trades in 5 consecutive trading days. If an account's net value drops below $2,000, it will only function as a limited margin account, i.e. the account can still operate T+0 trades (subject to maximum 3 T+0 trades within 5 consecutive trading days), but the account cannot utilize margin funding.