I use the OtterBox 2 in 1 stand. https://www.otterbox.com/en-us/2-in-1-charging-station-with-magsafe-white/78-80734.html
Though I don’t remember paying $130 for it.
I got it when the first beta for iOS 17 came out so that I could use standby mode and charge my phone and watch at the same time without having cords everywhere.