Technically yes but it takes 1 more step. afaik (maybe I'm wrong) you can only reset a Telegram cloud password with a recovery email address. And you can maybe

Technically yes but it takes 1 more step. afaik (maybe I'm wrong) you can only reset a Telegram cloud password with a recovery email address. And you can maybe access that email address through a SMS based recovery. Having your Telegram account with a cloud password and the recovery email locked with a safe 2FA method "should be safe".