Soybean futures are currently trading near 1014, with medium-sized bars and average momentum, indicating a market that is neither strongly trending nor consolidating tightly. The short-term WSFG and intermediate-term MSFG both show an upward trend with price above their respective NTZ/F0% levels, suggesting some bullish bias in the very near term. However, the swing pivot structure is dominated by a downtrend in both short-term and intermediate-term metrics, with the most recent pivot low at 993.75 and the next potential pivot high at 1025.50. Resistance levels are stacked above, with significant barriers at 1025.50, 1052.75, 1062.75, and 1074.25, while support is found at 993.75 and 981.25. All benchmark moving averages from short to long term are trending down, reinforcing a broader bearish technical structure. The ATR at 82 and VOLMA at 155,181 indicate moderate volatility and steady volume. Recent trade signals have triggered long entries, reflecting attempts to capture a possible short-term bounce or reversal, but the overall context remains cautious due to prevailing downtrends in pivots and moving averages. In summary, while there is some short-term upward bias, the intermediate and long-term outlooks remain bearish, with the market facing significant overhead resistance and only tentative signs of a reversal. The environment is characterized by choppy price action, with potential for both counter-trend rallies and further downside tests.