Counter Counter is a Counter 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, Counter Counter is Unlimited.
YGOPRODeck lists Counter Counter for these formats: Duel Links, Common Charity, Edison, TCG, OCG, Master Duel.
A listed print of Counter Counter appears in Champion Pack: Game Seven (CP07-EN020) at Common rarity.
Among markets shown on this page, the lowest listed snapshot for Counter Counter is about $0.14 on TCGPlayer (prices change frequently).
