Essentially, yes.
Your goals are of the following order
1. Connect the SSD as a secondary drive to another system.
2. Attempt read-only data recovery, and restore that data to another target drive of your choice (USB external, SATA internal, NAS share, etc).
3. When confident you're finished with the recovery process, proceed to factory reset the SSD (if tools are possible), Then reformat the SSD with NTFS again.
4. Restore your data back to the SSD as you see fit with a manual file copy. Recuva isn't used for that last process, you can do this manually after you've reinstalled Windows back onto the drive.
I mention the SSD factory reset because you can't be 100% confident as to the causality of this issue. For all you know, the NTFS corruption was caused by something physical within the SSD. Also, I'd recommend you perform a RAM test with Memtest86. Bad RAM can cause data corruption mid-flight back to he disk as it's committing write changes to the SSD at the file system level. So chasing the SSD as faulty hardware only might be something of a red herring.
Note: Recuva might not recover all the data, OS, or Applications. At best, you might have to manually pick and choose what data it finds, and what data you want to attempt to recover. So while you might not be able to fix Humpty Dumpty again, at least you've found some pieces to pick up again of value (documents,images, videos, MP3s...etc)