INJ/USDT Technical Analysis Overview

INJ/USDT Price Outlook:

INJ has already seen massive gains during this bear market, doing a 10x before the start of the new bull run.

It just broke out of a bullish pennant pattern, signaling a continuation of the uptrend per the technical chart.
The initial price target is around $20.

I'd expect a minor retracement back to ~$9 first to retest the former resistance level.
This would provide a solid buy zone right before the next leg up.

With the bullish pennant breakout, if INJ holds support above $9, the technical analysis points to strong upside potential against USDT.