Hope for Escape 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, Hope for Escape is Unlimited.
YGOPRODeck lists Hope for Escape for these formats: Duel Links, Common Charity, TCG, OCG, Master Duel.
A listed print of Hope for Escape appears in Pendulum Domination Structure Deck (SDPD-EN040) at Common rarity.
Among markets shown on this page, the lowest listed snapshot for Hope for Escape is about $0.16 on Cardmarket (prices change frequently).
