Yes that sounds like it. But also the throttle (left stick) at center is about 50% throttle up so if you want it to hover you have to hold the stick down to a point where the throttle cancels out gravity without holding it down too much which will make it fall out of the sky.
If you pitch or roll you’ll have to give to more throttle to remain at that altitude. When pushing back on the right stick to come back to hover you’ll need to hold throttle down again to get it to resist gravity.
I’m sure you can find things on manual mode if you google it. I wouldn’t recommend it unless you already have practice with RC heli or something like that. There’s an added amount of difficultly because there is no trim on a DJI controller.
The
Inspire 2 has Manual mode as one of its switchable flight modes on the remote. It’s just like that.
When we say “manual” we mean it. There’s no safety net the drone will be happy to fly directly down into the ground if you do it wrong