Probably shooting over the target at 50yd.
For 1/4 moa scope adjustments at 25yd, 16 clicks = 1" roughly.
Make sure bases, rings, and scope are all tight, first.
You would need 16 clicks left and 40 clicks down. I would make half of those adjustments, then shoot at 25yd. Then make the rest needed to get on bulls good before moving to 50yd.
Sighting a scope with minimum rounds fired:
I like to put a target out at 50yd, set the rifle in a sturdy rest on a bench (or bipod with rear support/bag), take the bolt out, and look down the barrel to center the rifle on the target. Then, without moving the rifle, I look through the scope and adjust until the crosshairs are on the target. Look back through barrel to verify its still pointed at the target, then double check crosshairs are still on target. Shoot a couple rounds to make sure it's close to bullseye at 50yd. Finally move target to 100yd, fire 3 rounds, and make final adjustments.
Good luck. Let us know how it goes.