Monnierara millennium magic safe to repot?

[TampaBear]

Hi everyone. I have a monnierara millennium magic that I bought at end of April. It was already planted and had leaves. A few weeks ago I saw a growth starting to develop from the base. It turns out to be a new growth instead of flower spike.

So my question is would it be safe to repot now as I'm worried the medium it's in is too broken down and retaining way too much moisture. Everything I read about this orchid types is that you repot once it has come out of dormancy. But then I also keep reading that the millenium magic has a tendency to not go completely dormant. Would appreciate any advice. I'm in the Tampa Bay Area so humidity and water is not an issue.