BONK Price Forecast: Will the Fed meeting and Elliott wave setting trigger a parabolic rebound?
Source: CoinWorld
Time: 2025-09-16 07:59:40
BONK traded at close to $0.000023, a slight decline, but still above key support, with a 24-hour trading volume of $460 million. Analysts noted that the pair broke through the downward channel, suggesting potential bullish momentum with a target price of $0.000035. Open positions remained at a high of $245 million, indicating that traders held a large number of positions ahead of the Fed’s meeting.