pellet

This is my seedling on day 2. It is an autoflower. As you can see the leaves are drooping big time; I'm thinking overwater? They were started from seed in the jiffy pellet in the net pot. 300W Mars Hydro 20-4 cycle. I cut a bunch of the jiffy pellet off from the start so it's only maybe 2...

I am a newbie at growing and I started my germination in a peat pellet. The seedling has already popped through the soil. When I lifted the peat pellet up I noticed the taproot coming out from the bottom of the pellet and I don't know what to do.