May be it is plain evident, but I still learn PLO at lower stackes.

I have in LP,
2 limpers before me and I limp too (it seems I have an ok hand for a limp, can I call a raise with it?), a couple of limpers afer me.

Flop (pot 3.5):
Checked to me, I pot it, and get called by CO.
Turn (pot 10):
I check, he pots, I fold.

A bit latter he got caught on bluff, but at that time I didn't have any read and it would cost me the whole stack to find out (if he pots river.)

Was I correct to fold?
Should I play it differently on any street?
Thanks.