PLO2 facing a c/r in 3bet pot

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PLO2 facing a c/r in 3bet pot

Blinds: $0.01/$0.02 (6 Players) BN: $2.11
SB: $1.83
BB: $2.44 (Hero)
UTG: $1.97
MP: $2.04
CO: $2.00
Preflop ($0.03) Hero is BB with 8 A 9 A
4 folds, SB raises to $0.06, Hero raises to $0.18, SB calls $0.12
Flop ($0.36) 5 2 4
SB checks, Hero bets $0.18, SB raises to $0.89, Hero folds
Final Pot SB wins $0.70
Rake is $0.02


I have a few questions about this hand.
First of all is the cbet sizing proper or do we have other reasonable options besides half pot?
Secondly whats the best way to figure out what his range might be and what could be max ev play for me here?

Do you guys think I am forced off my equity too often here?
And what yould be the best adjustment for me if he c/raises too much?


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