Despite defeat to Wigan Athletic, Mears says the players had been boosted by defeats for West Ham and Hull, while Wolves had their 2-1 lead pegged back in the Midlands derby with Aston Villa in Saturday's early kick-off.
"The other results have not gone too badly," said the former Derby and Hammers defender.
"The bottom half of the league is still quite poor really and you look at it and think we still have a good chance of getting out of it. It's still achievable if we can start picking up some points.
"We've seven games to go and we still have a great chance to stay in this league, that's how we have to look at it."