Wish I had some nice pics to show everyone, but unfortunately a rainbow chalice colony I recently bought hasn't been doing well since the day I got it

I could use some help, every day more tissue recedes or flakes off of the chalice. I have no idea what to do to try and save it.
Friday: chalice acclimated and put in the bottom of my frag tank until I got home. I got home from school and moved it to a semi-shaded spot.
Saturday: noticed some bleaching so moved it all of the way down, shaded with some light under a monti cap. Contacted the seller; apparently these things need next to no light, should be almost completely shaded.
Sunday: Moved it to almost complete shade, notice tissue peeling off when the lights turn on. Tissue wasn't peeling off the night before, when the lights were on.
Today: same spot, more tissue peeling.
NH4 = 0, NO2 = 0, NO3 < 5, Alk = 8 dkh, Mag = 1475, Cal = 480
Please help, any advise is appreciated.

