Air cooling an 9800x3d. Will it be fine?

I have bought an Thermalright Peerless Assassin 120 SE 66.17 CFM CPU Cooler. I haven't used it yet though, but just wondering will it be okay as I see a lot of people using AIO.

Thanks

Edit: I made a mistake. I actually bought a Thermalright Phantom Spirit 120 SE. I know its better than the peerless.