This limit is an excellent example to illustrate the power of the (two-)path test and apparently also an excellent example to see that you have to be very careful with how mathematical software deals with this type of problems.
However, when I try to calculate the limit when x = 0 and y approaches 0, the limit is 1...
I the Wolfram wrong ? or am I ?
You are right since, as you say:
$$\lim_{x \to 0} \left( \lim_{y \to 0} \frac{\left(x^2+y^2\right)^2}{x^2+y^4} \right)
=\lim_{x \to 0} x^2 =0 \quad \color{red}{\ne} \quad
\lim_{y \to 0} \left( \lim_{x \to 0} \frac{\left(x^2+y^2\right)^2}{x^2+y^4} \right)
=\lim_{y \to 0} \frac{y^4}{y^4} =1$$
WolframpAlpha does produce a decent plot where you can clearly see the parabola $x^2$ when you set $y=0$, but you can also see the 'line' at height $1$ when you set $x=0$.
