METIS Is On The Way Higher After A Deep Correction
May 15, 2025

METISUSD

Metis (METIS) is a Layer 2 scaling solution for Ethereum, designed to enhance scalability, reduce transaction costs, and improve user experience. It utilizes Optimistic Rollups to process transactions off-chain, thereby alleviating congestion on the Ethereum mainnet.

Metis with ticker METISUSD is nicely bouncing as expected after we spotted a deep ABC corrective setback, which belongs to a higher degree wave B/2, so higher degree blue wave C or 3 can be now in play that can send the price back to March 2024 highs. We are tracking a new five-wave bullish impulse, especially if we get a lower-degree five-wave impulse into wave (1) back above 26 first bullish evidence level.

METIS Is On The Way Higher After A Deep Correction METISUSD Daily Chart
METISUSD Daily Chart

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