Well, if you're able to decode at high quality, that's not really a concern. There's no such thing as a "valid but incorrect" decoding for the same reason that when you're decrypting an encrypted message, and you get a stretch of valid language, you don't worry about whether that's really the message that was originally encrypted or just a weird coincidence.
However, ancient languages are usually not understood that well, which makes it impossible to determine whether a decoding really is or isn't valid. The protocol is supposed to be that several different teams are issued the same text, and if they produce translations that say the same thing, the decipherment is considered valid. This goal has not necessarily actually been achieved in some languages that are nevertheless considered "deciphered".
Here they say that the unknown language is recognized as a variety of Middle Iranic, which adds some plausibility since other Middle Iranic languages will be well understood and so it's possible for outside experts to criticize their work. The shortness of the inscription they're working from subtracts plausibility; if other texts exist and they can be convincingly deciphered, that would be good favorable evidence.
postscript:
> As a preliminary name, the researchers propose the term "Eteo-Tocharian" to describe the newly identified Iranian language.
This strikes me as very weird, since there is a Tocharian language group and Iranic languages don't belong to it.