Top two pair and flush draw

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I think you should repot it on the flop, or just fold. I think leading the pot here would also be a reasonable play. MP2 almost certainly has AA, Button probably QQ.

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if MP2 has AA he'd push on the flop after Button raises. i'd say he's against a set and a high wrap with hearts.

i'd like to know what their stats look like or what reads you have