Apple Watch 11.6.1 completely broke Volume Control on my Apple Watch.

Recently updated my watch to 11.6.1 as prompted and have run into a continuous issue since then- Volume control is completely irrelevant. My watch has been outputting sound & notifications at maximum volume, regardless what the slider is set to,- even if fully dropped to 0% and showing the mute icon.

I have reset my watch & iPhone, both by sliding and by hard resetting via both buttons. I have also re-paired my device to no working solution. This sucks.