I can’t wrap text with an image.

Hi, i've been having this problem with the wrap tool and i can't seem to find what the issue is, the text is not wrapping around my png image, the text is beneath the image, on the same layer, the "text wrap only affects text beneath" is off as well as the "ignore text wrap option" The image is not grouped with anything else, neither are the text frames, does anyone know what could be the issue? (I've also tried applying the wrap tool to both text and the image and it didn't change)

