Can I call this for set value?

[Go_BroKe]

Full Tilt Poker - No Limit Hold'em Cash Game - $0.05/$0.10 Blinds - 5 Players - (LegoPoker HH Converter)

SB: $9.55
BB: $10.00
UTG: $9.50
Hero (CO): $10.50
BTN: $12.15

Preflop: Hero is dealt 3[img]/images/graemlins/club.gif[/img] 3[img]/images/graemlins/spade.gif[/img] (5 Players)
UTG calls $0.10, <font color="red">Hero raises to $0.45</font>, <font color="red">BTN raises to $1.60</font>, 2 folds, UTG calls $1.50, Hero folds

Can I call here preflop for set value?
Does it depend on my opponents if they are good TAGs, bad LAGs of donkeys? pls help