useCallback

Yes, if the callback captures those values and lists reactive dependencies
useCallback can cache a callback that uses state setters, state values, or context values from the component scope. However, Hooks such as useState and useContext must be called at the top level of a component or custom Hook, not inside the callback body. Reactive values used inside the callback should be included in the dependency array.
No, callbacks cannot use state setters or context values
Yes, by calling useState or useContext inside the callback
Only state setter functions can be used inside useCallback