The ZB U.S. Treasury Bond Futures daily chart shows a market in a short- and intermediate-term uptrend, as confirmed by both swing pivot trends and the alignment of all key moving averages (except the 200-day, which remains in a downtrend). Price is currently trading just below the 200-day MA, suggesting a critical area of potential resistance. The most recent swing pivot is a high at 116.2125, with the next key support at 114.1552, indicating a relatively tight range for near-term price action. Resistance levels are stacked above, with major resistance at 121.5000 and intermediate resistance at 117.3125 and 116.2125. Support is more distant, with the nearest significant levels at 111.3437 and 109.6875. ATR and volume metrics suggest moderate volatility and average participation. The neutral bias on the session fib grids (weekly, monthly, yearly) indicates a lack of strong directional conviction from higher timeframes, which aligns with the current consolidation just below the 200-day MA. The market appears to be in a consolidation phase after a recent rally, with the potential for a breakout if price can sustain above the 200-day MA. Overall, the technical structure favors a bullish bias in the short- and intermediate-term, but the long-term trend remains neutral as the market tests a major resistance zone. Swing traders should be attentive to price behavior around the 200-day MA and the defined pivot levels for signs of trend continuation or reversal.