Z axis plunging too deep

This thread outlines the default settings from a few years back. Your $102 might be wrong.

Grbl default settings - X-Carve - Inventables Community Forum

I would get an accurate scale and determine how much the Z moves for an input jog of " your choice of measurement".

Then you can do the ratio to change it if need be.

How to change the GRBL settings on the V-Carve - Software - Inventables Community Forum