The ZB U.S. Treasury Bond Futures weekly chart shows a notable shift in momentum, with both short-term and intermediate-term swing pivots trending upward, supported by a series of higher lows and a recent breakout above key moving averages. The price is currently trading above the 5, 10, 20, and 55-week moving averages, all of which are in uptrends, indicating sustained buying interest and a potential trend continuation. However, the 100 and 200-week moving averages remain in downtrends, reflecting that the longer-term structure is still neutral and has not fully reversed from the broader bearish cycle seen in previous years. Resistance levels at 119.59, 121.12, and 127.03 are key areas to watch for potential pullbacks or consolidation, while support is well-defined at 115.59 and lower at 109.31 and 106.78. The overall technical landscape suggests a bullish bias in the short and intermediate term, with the market in a recovery phase, but the long-term trend remains neutral as price has yet to challenge the major resistance zones or reverse the multi-year downtrend. The chart reflects a market transitioning from a prolonged sell-off to a possible base-building and early uptrend phase, with volatility likely as it tests overhead resistance.