YES!
That's where I've had mine set for six years without problem. (Also running a T8 with an rhp) Given the size of your animal though, I usually aim to have the tip of the probe just slightly above where the top of the BP would be.
Your new buddy should be set. You may want to save yourself paper towel in the future though and pick up some indented Kraft paper however (found on Amazon or Uline). You get a HUGE roll of it that will last you a long time for not much money (at least compared to paper towel prices nowdays).