Could still go up a hole imho
What does it look like at speed trimmed as far as practical.?
What could go wrong.......................
Costs nothing but a bit of sealant and time to try - give it a crack. Assuming you have it trimmed correctly in the photo it does look like it could come up another hole. This will depend on the hull and prop as well though.
It took you longer to put the dots on the engine and take you photos than it would have to jack the engine up a hole and test it.