Notification confusion

If i receive an alert and read it, but don't press a button to actively dismiss it, it then appears as an unread notification in the watch notification menu. I have to then swipe down and swipe back up to remove the red dot, even though the notification is still there.

My point is that by reading the alert that notification should be considered read and not show the red dot, even if I choose not to dismiss it.

I'm still trying to figure out the best workflow - does anyone have any advice on this about how to do this all smoothly?