Thing is - the league is still very close between like 6th to 16th, so obviously nothing should be considered insurmountable at this early stage. The issue I see though is that, out of those 10 or so teams it's only really the reds (ironically) who are on a worse run than us currently. 'Arresting the slide' is super important as the worst thing that could happen to us now given the early optimism is that we somehow conspire to be hovering just above the bottom three again for most of the season.
Moyes absolutely needs to sort this out asap otherwise, yes, there is genuine danger that we can't truly pull well away from dross like West Ham and Wolves..