'Is there a way to update Docker "Resources" settings from the command line on an EC2 instance?

I'm attempting to increase the memory allocation of a specific container I'm running on an EC2 instance. I was able to do this locally by adding the mem_limit: 4GB into my docker-compose file (using version 2 not 3) and this did not work until I changed my settings in Docker desktop to be greater than the memory limit I was specifying:

My question is as follows, is it possible to change this memory slider setting from the command line and therefore would it be possible to do it on an EC2 instance and without docker desktop? I've been through the docs but was unable to find anything specific to this!