You can see a copy of instructions provided by jamorham in a post in an issue here:
jamorham commented on Apr 13, 2021
I’ve added this in the April 13th Nightly which is available now.
So for the updated version the instructions are as follows:
Because the versions are currently identical then this wont really do much, but this process can be used to force xDrip to send the latest version in future but it should also automatically detect version changes and update in the background. For fun you could install the latest nightly on the watch then downgrade your phone and check that the update process then downgrades your watch app version. The version information should be displayed next to the Force Update text.
The idea is that you no longer need to use Wear Installer or whatever method you used to install the first time around (eg PC based adb or downgrading play store) as xDrip can update itself.