Miracle's Wake 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, Miracle's Wake is Unlimited.
YGOPRODeck lists Miracle's Wake for these formats: Duel Links, Common Charity, TCG, OCG, Master Duel.
A listed print of Miracle's Wake appears in Battle Pack 2: War of the Giants (BP02-EN206) at Common rarity.
Among markets shown on this page, the lowest listed snapshot for Miracle's Wake is about $0.06 on Cardmarket (prices change frequently).