Dogecoin is showing bullish technical signals as derivatives activity increases and spot Dogecoin ETF flows improve. Analyst Javon Marks said Friday that DOGE had returned with major strength, citing its macro structure and formation of higher lows. His longer-term setup targets a rally of more than 555% above the $0.60 area. Crypto chart analyst Ali Martinez said DOGE appears to have broken out of a bullish flag, a pattern often used to project a continuation move, with lower-timeframe analysis pointing toward $0.12. Higher-timeframe signals also support that setup, Martinez said. CoinGlass data showed open interest, or the value of outstanding derivatives contracts, rising to $1.35 billion on Sept. 4 from $1.26 billion a day earlier. At the same time, DOGE long liquidations rose to $3.44 million over the past 24 hours from $1.53 million previously, indicating that leveraged bullish positions continued to face sharp price swings. SoSoValue data showed spot Dogecoin ETFs posting $318,240 in net inflows during the month, reversing $525,980 in net outflows in July.