No probably not. I think the air would return to the tank and self bleed through the vent. If it was meant to be bled, it would have a bleeder screw.
I think cycling it manually back and forth few times will do the trick. Try it first, it will not hurt anything. I'm guessing dab press will tell you not to bleed it. Hyd fluid can be dangerous if it is injected into the flesh. I saw a video when I was in college that showed the aftermath of a dude that tried to fix a leaky fitting under pressure. When he put a wrench on the fitting and attempted to tighten it, it cracked and under high pressure it injected into the flesh. He lost his hand