eugenex, were are you located?
I think that's a plastic pot. Pick up the pot and gage its weight. Water thoroughly until water comes out the drain holes. Now pick up the pot again. Did it gain weight. Lots of weight or just a little. The soil you are using looks heavy on peat. Peat holds too much moisture but when it dries, it doesn't re-hydrate. Its best used for plants that should stay always damp.
I agree that it probably needs a repot into something much faster draining. If you can find some cactus soil or bonsai soil, that would be perfect. Adding some extra grit never hurts, especially if the soil is made for more than one purpose. Using soil without adding grit is fine if its says cactus soil only. Whatever you do, don't add sand. It sinks out of the soil and becomes a barrier at the bottom of the pot, impeding water flow.
The pot should give the plant roots about an inch all the way around. Don't try to get all the old soil off the roots - you will cause too much damage. You won't really know how well packed the old soil is until you get the plant out of the pot. Gently squeezing the rootball sometimes loosens enough soil to continue with the repot. If you have to manually take clumps off, you will damage a lot of roots. Let your plant sit out on a counter for a day or so before you repot. Then use soil that's barely damp and repot. Don't water for another week or so.
