Quick Menu opening with Apple Pencil Pro squeeze even when disabled in preferences

I have been facing this issue where quick menu is opening when I accidentally squeeze the pencil and sometimes it merges down layers, I attempt to undo, and it crashes the app and I lose all my progress.

I changed preferences to open quick menu only when tapping 4 fingers but still the menu opens when I squeeze the pencil. I’ve even unassigned the squeeze in my Apple Pencil settings on my iPad and still it opens.

Has anyone faced this or know why my preferences aren’t working? So frustrating!