345 and you are on the right track. The rear axle housing hitting the bumpers on the frame rails or third member hitting a bumper on the floor/trunk pan would be bottoming out, So could reaching the compression limit of any installed shocks, front or rear, be bottoming out. It should be easy to tell if you are contacting rubber bumpers: a little more difficult to tell if
it is the shock. You would have to do some measuring with the shock off the vehicle and re install to see how much travel you have from the installed length of the shock to the fully compressed length. If it is less than the space between the Axle housing and bumper, then you have to decide how you want to fix the problem. Options are: stiffer springs, lower your bottom shock mounting point, or get a shock with a shorter compressed length.
Notice I did not mention the spring being totally compressed or a leaf spring traveling over center. These would be considered an extreme screw up in building.
Trees