There's no discernible cover of any type on the bottom, on either side .... though there is what looks to be a school of Shad (white blob lower left screen).
The only time I've ever had the colors on my DI screen go dim or "wash out" is when the battery was getting low on power. Not saying that's what's causing your problem, but it might be something to check. I still think it's a setting that's off, or else the unit has a software problem.
And I don't know as the transducer angle is at fault, because you are getting a picture ... though, it could be getting a weak return signal from being tilted away from the transom and that might cause the washed out colors

?? You could always tilt it down a little and see if the image cleared up any.