According to this SO post Can a TCP port be re-used before TIME-WAIT expires?, TIME-WAIT could be reused if the newly SYN packet has a larger ISN.
But the following SYN failed event if it has a larger ISN than the elder connection.
Detailed info:
Failed SYN: NO(54365) , ISN(3853063683)
Elder connection max packet: NO(50379), ISN(2103445551)