Methods, systems, and devices for wireless communications are described. In one example, a receiving device (e.g., a UE) may transmit, to a transmitting device (e.g., a base station), a capability indicator indicating a capability of the receiving device to perform peak reconstruction using soft metrics (e.g., expected value, covariance) on symbol decisions. The receiving device may receive, from the transmitting device and based on the capability indicator, control signaling indicating a clipping level applied to generate a signal and a subset of peaks clipped from the signal. The receiving device may receive the signal generated in accordance with the control signaling from the transmitting device and may decode a reconstructed signal based on performing the peak reconstruction on the signal using the soft metrics on symbol decisions, the clipping level, and the subset of the peaks clipped from the signal.