You will need to find out what a good level for nitrate might be for coral. Dosing sodium nitrate would be the easiest way to achieve that level, but don’t forget to test nitrates more often to understand your system’s nitrate uptake which might change as PO4 begins to fall.
Dosing carbon (NOPOX) to reduce PO4 may not work without a higher level of nitrate. Bacteria will consume phosphate but at a much slower pace than nitrate. They just don’t need as much and none at all if they are nitrogen limited. GFO is the most straightforward way to reduce PO4 levels. Maybe your rock work is desorbing PO4. If so, reducing PO4 might take awhile.