It's ok to fold pre if UTG raiser so tight from certain position.We need to remember after our cold 4bet UTG has to act.I assume SB player not too loose in certain situation.However if we give him a range like TT+,AJs+,AQo+,KQs we're slightly ahead of his 3betting range but his/her 5b shove should be value heavy in that spot.I doubt he/she would shove with hands like TT,JJ here.
I think using AKo as a 4bet bluff here is reasonable. Once sb shoves I think it's close but due to the added stack depth of being 120bb deep you need over 40% equity and I don't think AKo has that unless sb is really loose. AKo vs QQ+, AK is 38%.
He also 3bet against utg so his range should be tighter than normal.
I actually don't think that folding this pre would be atrocious though at the same time you're holding the best blockers in the game so if you want to have bluff 4betting frequency in this spot this is the hand to build it with. Long story short I agree with @Komododragonjesus on this one.
I usually fold this pre as SB is 3 betting UTG. With us being a little deep as well it's not going to be a profitable stack off without solid reads.
Because many players will call a cold 4 bet I don't mind doing it against the SB as we do at least have pre flop fold equity and a chance to see a flop in position knowing that KK+ shouldn't be in their range.
SB probs has a tight range given that he just 3bet vs UTG. Probably fine to fold preflop. 4bet/fold can end up being somewhat reasonable assuming SB is not a nit. 4bet/call could probably end up being losing, usually only correct with some type of dynamic. We just look ridiculously strong with the cold-4b here, so hard to get action from a range which we aren't crushed by.