Thanks so much for your input. Especially relevant since we have very similar lights.I am not a coco guy, but I agree with the folks saying it's a light and air issue.
I had good luck with seedlings in soil with my TSW2000 (MarsHydro 300W) at 24" and about 25%. And circulating air in those cups will replenish CO2, discourage pests and problems, and strenghten the stem.
If I were you I'd raise the light and turn it down, then cut that top lip off with some scissors so a fan can push a bit of air across them.
I'm going to adjust light as soon as I get home. I already adjusted the fan last night.
The light was my very first concern when I started this grow. I asked around and ultimately used the manufacturer's recommendations.