Hard to tell from that picture. Most battery packs are not 100% flat.
If it still slides into the aircraft as smoothly as all you other batteries, I would say it is safe.
When a LIPO starts to bulge, there will be no question in your mind.
1) How old is the battery?
2) How many cycles?
3) Has it ever been discharged to less that 10% remaining, or near 13.09 volts?
If it is fairly new, and low cycles, not taken low in voltage, I would use it, but keep an eye on it.