This is a symbol that is linked with perpetual movement, which once initiated proceeds on its course inexorably. Due to its circular form, it symbolizes something finished that offers security and protection. Further, its rotating movement is linked to your psychic evolution and the arrival at a new stage. Generally, if the wheel rotates without problems, it is a sign of success and of favorable personal evolution.
If it is punctured or encounters obstacles while moving, it evidences that things are not going as you would like.
This dream could be an invitation to enter the true nature of reality.... The Big Dictionary of Dreams