Hello Dave! Welcome to the forum and the wonderful world of orchids
If your 'chid is taking that long to dry out especially with that kinda heat, I would think the sphag moss is done and probably not getting proper air around the roots as it should be!
Don't know for sure if indeed it does need to go into a bigger pot - Do you have a photo?
During the main growing season, they do like to stay on the moist side and
I think they should be fed to keep the growth stronger and steady.
No one can really tell you how to water or even how much per time - It's trial and error on you part.
Some folks go by weight of the pot. Others use a wooden BBQ skewer. I use the skewer since I grow in clay pots, I find the easier for me.
But, As fall rolls in it's time to back off the water and scale down on the fertilizers. Becos' of the zones differences, you will have to adjust it to your climate.