I see leaves growing.. it's slow to watch that first 7-10 days. It's a exponential curve at this point, though. So, trust it will happen. Don't fiddle. Keep it simple.
Overwatering issues is possible in coco. it is not a magical substance, lol. This does look like the roots are too wet for too long. You can easily refelct on your behaviour and determine if this is true.. have you been doting excessively? spraying every do or otherwise fucking with it for no reason? :P it's understandable if new to it. Most have felt the same anxiety/motivations.
While seedlings may need to avoid the top layer drying, it's a good practice to adhere to in vegetative phase for sure. promotes healther, more robust root system. A good wet-dry cycle in substrate promotes deeper roots. you don't want to promote superficial roots, as they are less useful in the long run. any exposed to light will tern to stem.. i.e. wasted growth. It also avoids microbial growth on your top soil. It's usually not a major issue, but it is a disease vector if you have some bad luck.
Soilless growing is very simple stuff. you can fertilize day 1 with 1.3-1.5 full strength, but it's not entirely necessary. The seed has enough for 7-10 days. when i use coco i typically get it wet with heavy runoff at a specific pH. Let it drip for 10-15mins then go sow some seed. Experience with your seedling pots help here. I know with a humidity dome, i don't have to worry about watering my little 2.5" seedling pots for 4 days or more. That first irrigation i will pre-empt any drying on top layer, but I also make sure the weight of the pots has dropped a good chunk before irrigating. If it's still heavy, it still has a tone of moisture and no need to irrigate. Always 10% runoff or more.. always. Never let it sit in its piss, either.
After that it's SOP... Wait for top layer to start to change color and fertigate with 10% runoff. 1.3-1.5EC well-balanced formula (not including what you water from tap adds - can most accurately calculate this from guarnateed analysis labels and find an online ppm calculator or phone app to do the math for you and add it up)
120-130N
60P
180-200K
100+ Ca (this will vary, i have hard water, so i get some Ca from the tap, for example)
75 Mg (again, will vary based on tap water)
100+ S
That's maybe 1.2EC? TDS pens are meh. Trust the math from the labels, as that is most accurate way to measure this stuff for soilless/hydro context. I use plain ph'd water to start because it gives a natural ramp up for the fertilizer and i don't have to mix it at different concentrations. this 'first' fertigation after planting will be some portion less than 100% as it adds to what moisture remains in the pot and bsasically 100% by 2nd fertigation. the 10% or more runoff quickens the pace. Even at full strength this is far lower concentration than you find in any potting soil, so it will not harm the seedling.
Later on if you want to gas it for flower development, frequent fertigation is possible with any soilless substrate with proper drainage and aeration qualities as well as a plant that can drink down at least 25-33% of the water before you fertigate again. the weight of the pot will be the best indicator for this. If these things don't jive well and you try to force the fertigation frequency, it's just flipping a coin to run into trouble.
Keep it simple.. patience, grasshopper.. If somewhere near the above SOP, it's probably fine.. make any adjustments and move on.