Waking the Dragon is a Normal Trap Card.
Trap Cards are normally Set first and can be activated on a later turn, often in response to an action.
On the current TCG and OCG Forbidden & Limited lists tracked here, Waking the Dragon is Unlimited.
YGOPRODeck lists Waking the Dragon for these formats: Speed Duel, Common Charity, TCG, OCG, Master Duel.
A listed print of Waking the Dragon appears in 2019 Gold Sarcophagus Tin Mega Pack (MP19-EN053) at Common rarity.
Among markets shown on this page, the lowest listed snapshot for Waking the Dragon is about $0.13 on Cardmarket (prices change frequently).
