Turn 2nd pair into bluff on this river?

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Turn 2nd pair into bluff on this river?

Blinds: $0.02/$0.05 (6 Players) BN: $8.70
SB: $14.14
BB: $2.66
UTG: $9.27
MP: $5.00
CO: $6.56 (Hero)
Preflop ($0.07) Hero is CO with J Q
2 folds, Hero raises to $0.12, BN folds, SB calls $0.10, BB folds
Flop ($0.29) 9 Q 7
SB checks, Hero checks
Turn ($0.29) 9 Q 7 8
SB bets $0.21, Hero calls $0.21
River ($0.71) 9 Q 7 8 K
SB bets $0.36, Hero calls $0.36

Villain is 30/21/6% 3b over 69 hands. Hasn't done anything noteworthy, but the stack size and multi-tabling leads me to believe he is a competent reg. This is a common spot where I am not sure if bluffcatching is better than turning SDV into a bluff by raising, or just folding. I think if I fold vs this sizing I might be overfolding. What factors are you considering here when deciding which option is best?

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