I would say it all depends on what features you need/want.
If your goal is to stay under $200.00 then keep an eye at specials from Amazon and Daily Deals.
If you goal is to get the latest Apple Watch Ultra 2, just wait until October and get the Ultra 3.
Probably the current Apple Watch SE? (Easy to find used or new between 100 and 200 USD these days – unless you really need the ECG measurements or something?)
Probably the current Apple Watch SE? (Easy to find used or new between 100 and 200 USD these days – unless you really need the ECG measurements or something?)