Yes it should recover but give it enough time to do so. It is likely you have stunted it a little so don’t be alarmed if you do not get much growth for the next week.
Move the light further away for sure. The first few weeks they do not require much light at all. In fact if you have a smartphone, I would download a PPfD app and take a measurement. You want to be around 300 PPfD right now.
Hope this helps.