Low Nipples Facing South? (photo)

Looking at your photo, it appears that a breast lift would be the treatment of choice.  The purpose is to raise the nipple so that it is not located at the bottom of your breast.  Rather, the nipple areolar complex is centralized and lifted to a higher position.  So to answer your question, there is something that can be done for your condition, it's a relatively common issue amongst women who are experiencing low nipple location of all ages!!  Good luck. 

The photo you have included demonstrates breast ptosis, where the nipple is located below the level of the inframammary fold.  As you have sufficient breast volume, the treatment would be a mastopexy (breast lift).  The cosmetic "trade off" would be the scarring required on the front of the breast to reposition the nipple/areolar complex.  I would recommend consulting with board-certified plastic surgeons, who can examine you, discuss your goals, and review the risks and benefits involved.  Good luck.