揺 is built from the 扌 (hand (left)) and 䍃 (kiln (in 揺·謡)) components.
It belongs to a phonetic family with 謡 and 遥 — they share the 䍃 component and the reading ヨウ.
A common word using 揺 is 揺れる (ゆれる), meaning “to shake, to sway”.
Kanji that look similar include 提, 揚, 換, and 握.