The ZB U.S. Treasury Bond Futures weekly chart shows a market in transition. Price action has shifted to an average momentum phase with medium-sized bars, reflecting a period of consolidation after a prior downtrend. Both the short-term and intermediate-term swing pivot trends have turned upward, supported by higher lows and a recent pivot high at 119.59375. The 5- and 10-week moving averages are trending up, confirming the bullish tone in the short and intermediate timeframes. However, the long-term structure remains bearish, as the 55-, 100-, and 200-week moving averages are all in downtrends and positioned well above current price, indicating significant overhead resistance. The price is currently trading within the yearly NTZ (neutral zone), with no clear breakout above or below the key F0% level, suggesting a neutral bias in the long-term session grid. Resistance levels are stacked above, with 127.59375 as a major cap, while support is found at 109.31250 and 106.78125. The overall environment is one of recovery and potential base-building, but the long-term trend remains a headwind. Swing traders should note the bullish short- and intermediate-term structure, but also recognize the need for a decisive move above long-term resistance to shift the broader trend.