It must be possible to have local replication of virus and miss it with blood PCR but it starts to become semantic whether this counts as a 'reactivation'.
In general I think the idea that serological levels of IgG or IgM can tell you there is reactivation when PCR is negative is just bad medicine likely promoted by fringe specialists. If there is a doubling in IgM and/or IgG levels in a specific window of time, like two weeks, that may be significant, but I would only take it seriously if the two samples had been deliberately taken as a pair and run on the same assay. Otherwise it might be a fluctuation in assay conditions.
I do not see any mileage in any of this. It is pretty much entirely driven by memes spread by private physicians who don't really understand immunology or virology. Some patients like it as an explanation but at best it is something that provides information about populations. Applicat5ion to individual people's illness is unlikely to be meaningful.