The ideal setting for wheelie is to set both the comp and reb settings on the front fork to soft. This is because you need to be able to easily "push" the front fork in, after which it should spring out quickly and easily. This will cause the front of the bike to move upwards and the clutch and throttle should be timed to match this.
The rear suspension should be set to neutral-tight so that it doesn't move too much during wheelie.
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