Curious how people play this and how you analise it. Is it an easy fold?

At this point didn't have much data on Villain as not been playing long, but inital read would be pretty loose.

PokerStars No-Limit Hold'em, $0.05 BB (9 handed) - Poker-Stars Converter Tool from FlopTurnRiver.com

saw flop

MP2 ($10.19)
MP3 ($2.06)
CO ($9.68)
Button ($5.93)
SB ($7.72)
BB ($3.42)
UTG ($8.09)
UTG+1 ($1.78)
Hero (MP1) ($6.75)

Preflop: Hero is MP1 with ,
2 folds, Hero bets $0.20, MP2 calls $0.20, 5 folds

Flop: ($0.47) , , (2 players)
Hero bets $0.40, MP2 calls $0.40

Turn: ($1.27) (2 players)
Hero bets $1.05, MP2 raises to $5.40 Hero???