Correct for both.
Top Panel. loll
With Plasma instead of Latte-Dock, the panel at the top is called Top Panel and the “panel” at the bottom is called “Panel” by KDE, everything is a Panel in KDE. To make things worse for your memory, with Plasma 6 they are renaming the dock to call it “Dock”. A bottom “Panel” will still be available, but the floating option of it will be called “Dock”.
How confusing.