Having the speed low and the saw moving will get less heat into the material.
If the blade is going at it like a spring bunny, then it will heat it all up.
You want a tooth or two in the material, so 1/16 material require more than 16 teeth/" or use some ply as a backing board or top sheet.
What kind of alloy? (1100 is gummy, 6061, 2024 and 7075 all cut nice)
Have you considers routing it ?
Are making more than 1?
Is it straight or curved?
If it is straight have you considered a tracksaw?