low in the rear 2003 Traxter Max

Greetings to all,
New to this forum, but was on ATV frontier many years ago (2003), and want to say thanks for having me. My issue is that my 2003 traxter max seems to be sitting low in the back. Springs appear a little loose when I lift the rear by hand. Possible shock issue or spring issue? Any help or advice would be appreciated. I bought it new 04-2003 and it has NEVER let me down. Great ATV.