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 indicating a balanced but active environment. Both short-term and intermediate-term swing pivot trends have turned upward, supported by a series of higher lows and a recent pivot high at 119.59375. The price is currently above the 5, 10, and 20-week moving averages, all of which are trending up, reinforcing the bullish tone in the short to intermediate term. However, the longer-term 55, 100, and 200-week moving averages remain in a downtrend, highlighting persistent overhead resistance and a broader bearish structure. The price is consolidating within the NTZ (Neutral Trading Zone) of the yearly session fib grid, with no clear directional bias from the grid levels, suggesting a period of indecision or base-building. Key resistance levels are stacked above, notably at 121.125, 127.03125, and 134.69375, while support is found at 115.94375 and further down at 109.3125. The overall technical landscape points to a market attempting a recovery rally within a larger bearish context, with the potential for further upside if resistance levels are breached, but with significant long-term headwinds still in play. The environment is characterized by consolidation, potential for breakout attempts, and ongoing volatility as the market tests the boundaries of its current range.