Sorry if this is a stupid question. I'm not very knowledgeable about this stuff.

I know that in some games, the "headphones" setting compresses the audio a lot. Probably because most people arent using high end headphones that can handle a large range

But in this game, there's a separate setting for dynamic range, leading me to believe that the audio output setting does not significantly affect compression. So if I'm using high end headphones, is the correct choice to play with audio output set to "headphones" and dynamic range set to "studio reference"?

Also I'm playing on PS5 with the console's 3D audio enabled if that makes a difference.