You could retard the cam some. A couple of degrees should get it above .050 and it will be fine. This is what I would do first. You didn't say what the exhaust clearance was. If it's more than enough then moving the cam timing should get you where you need to be. Don't worry about changing the power band either. It's something like 4 degrees of cam timing changes the power band 200 RPM.
"Follow me the wise man said, but he walked behind"
'92 D250 Club Cab CTD, 47RH conversion, pump tweaks, injectors, rear disc and hydroboost conversion.
'74 W200 Crew Cab 360, NV4500, D44, D60 and NP205 divorced transfer case. Rear disc and hydroboost conversion.
2019 1500 Long Horn Crew Cab 4WD, 5.7 Hemi.
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