Every couple of months you should take a off from lifting but it doesn't sound like you're overtraining. Along with your protein make sure to get plenty of veggies and try to get your most carb heavy meals around your workout window (1 hour before to 2 hours after).
I say keep cutting until you get to where you want to be and keep the weights heavy even if you have to do fewer reps/sets. Then once you are where you want to be weight-wise, take a week off from the weight and just stay active (play some sports, do some GPP, something like that). The week will give your body and central nervous system a chance to recover and then adjust your workouts/diet for lean gains and get back at it.
As a side note by GPP, I mean general physical preparedness. Do some exercises that wouldn't typically be considered an exercise: Swing a sledgehammer, carry some heavy stuff around, push a wheel barrel, etc. Don't push yourself too hard since it's a rest week, just enough to keep feeling good and active.
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