Overwatering is a real thing, but repeated episodes of dry soil can be just as damaging. Epiphytic plants can be tricky because they thrive when soil is consistently moist but it must absolutely have a lot of air in it. The "cactus" part of the nickname can be a bit misleading because if cultivated like a prickly desert cactus, it's going to suffer from being too dry. Surviving a drought usually yields a plant that looks like it survived a drought. You would probably prefer a vigorous, robust, picture-worthy plant that never has to survive something. Letting it "really dry out" is not a path to that.
Using a clay pot is a great move because the pot allows moisture to evaporate quickly and oxygen to penetrate the entire soil mass, not just the surface.
If it takes a week for the soil in that little pot to dry, it may be too water-retentive with too much organic matter, usually peat moss. If it is drying more often, watering more often could be what is needed. The way you described the watering sounds good to me, that's what I do.