Transcendent Dragon
{4}{U}{U}
Creature — Dragon
Oracle Text
Flash
Flying
When this creature enters, if you cast it, counter target spell. If that spell is countered this way, exile it instead of putting it into its owner's graveyard, then you may cast it without paying its mana cost.
Watch Out
Replacement effect, not an ETB triggerWatch Out
This card uses a replacement effect ('as [it] enters' or 'enters with') to modify how the permanent enters. This is NOT a triggered ability — it can't be responded to, and effects like Panharmonicon or Torpor Orb don't affect it.
ETB trigger, not a cast triggerRules Note
This card's ability triggers when it enters the battlefield, not when it's cast. Effects that double ETB triggers (like Panharmonicon) work here. Countering the spell prevents the creature from entering, so the ETB won't fire.