Another problem with your rest is it bounces back up after falling out of the way. I have seen super slow motion video of the rest. And the rest will bounce allmost 3/4 of the way back up after it falls. So it needs come up in the last inch of your draw to work the best. Also, like bullblaster said, raise your rest and nock up a bit more. But not sure why your peep would have to go up?Just your sight. Just keep tweaking until the contact is gone. Might even have to change rest if it won't stop hitting.