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Am I making any preflop mistake here?

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Posted by posted in Low Stakes

Am I making any preflop mistake here?

Blinds: $0.25/$0.50 (6 Players) BN: $53.94
SB: $51.20
BB: $64.27 (Hero)
UTG: $50.75
MP: $42.75
CO: $49.59
Preflop ($0.75) Hero is BB with 7 A 8 6
2 folds, CO raises to $1.50, BN folds, SB raises to $5.00, Hero calls $4.50, CO calls $3.50
I was wondering is it right or wrong to play this hand in this situation?
and if CO raised it and BTN made 3-bet, is it more reasonable to fold?
Flop ($15.00) 4 3 2
SB bets $10.00, Hero folds, CO folds

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