The ZB U.S. Treasury Bond Futures weekly chart shows a market in transition, with recent price action reflecting medium-sized bars and average momentum, suggesting a balanced but active environment. Both short-term and intermediate-term swing pivot trends are upward, supported by the 5- and 10-week moving averages trending higher, indicating a constructive bias for swing traders. The 20-week moving average is also in an uptrend, reinforcing the bullish tone in the medium term. However, the longer-term 55-, 100-, and 200-week moving averages remain in downtrends, highlighting that the broader trend is still neutral to bearish, and the market is in a recovery or consolidation phase rather than a full reversal. Resistance levels are clustered above, with 127.03 and 121.12 as key near-term hurdles, while support is well-defined at 115.96 and 109.31. The price is currently trading near the upper end of the recent range, testing significant resistance. The overall technical structure suggests a market that is attempting to build a base and potentially transition higher, but still faces overhead supply from previous swing highs and long-term moving averages. The neutral bias in the session fib grids across all timeframes further underscores the consolidation and indecision present in the market. Swing traders should note the potential for continued choppy price action as the market tests these key levels, with the possibility of trend continuation if resistance is decisively broken.