Your ISP modem needs to be set in bridge mode if you're going to put the firewall's external interface in L3. Both can't have the same external IP address. At least in the US, many common ISPs like Comcast and AT&T will not help you with configuration or connectivity issues if the modem is in bridge mode, so do that at your own risk (if your ISP even lets you do it).
The other option would be to set your external L3 interface to something on the modem's LAN interface, 192.168.0.1 (it's probably a /24, but that's not shown on your modem's screenshot). You'll probably want to separate your internal LAN interface with a different subnet as well, just to keep it very clear what is internal and what is external.
Hope this helps,
Greg
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