sad coral

I recently picked up this hammer and have found that it is receding. Do you think there's any hope for its survival? Do you think an iodine dip would help?

Really quick question- are these frags too high (ignore GSP) ? Ai Prime is set as shown below (Fluval Evo tank) . Never kept Acans before, I understand they prefer lower light. I am not in possession of a PAR reader and to be completely honest I am struggling to tell if this acan is happy or...