Is Night market for experienced players only?

I have returned to eso recently after a very long hiatus, and on PS5 this time. I have played on PC during covid and gut pretty well up in champion points. On console though I only just got my first character to level 50, all my gear is … well I haven’t got decent sets or anything. Not worth it til cp160 I thought. Also still getting my head around scribing and subclassing.
In short, I’m a long way from being ready for vet content. Could I still take part in the event or will I just be a nuisance to better players?