Just started rothira, I have 7k in contributions left in 2024, should I put my emergency fund in there just to take advantage of this dip in the market and pull it out later? W or L plan

started my rothira this year and I see I have 7k left for 2024 contributions.
I am 22 and a college student so the "emergency fund" really isn't emergency since I have no rent or debt or bills, just savings in case I need it.

Since rothira is tax and penalty free for contributions, and the market is down hella, I am planning to put 7k in there to soak up profits when the market bounces back, and then if want to, take it out later or just leave it.

Is this smart?