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Your testing method is ill-advised. At the very least, you need to pressurize the watch in air to at least 6 bar (which = 60 meters), then submerge it into water, then release the pressure to see if bubbles come out of the watch. To do this, you need a special test chamber which most shops don't have, let alone consumers. Most reputable watch shops use extremely accurate, high end pressure testers the measure case deflection.
Technically, you're correct about the depth, but pressure is usually gauge pressure and not absolute pressure. Have you ever see PSIg or PSIa?
Your testing method is ill-advised. At the very least, you need to pressurize the watch in air to at least 6 bar (which = 60 meters), then submerge it into water, then release the pressure to see if bubbles come out of the watch. To do this, you need a special test chamber which most shops don't have, let alone consumers. Most reputable watch shops use extremely accurate, high end pressure testers the measure case deflection.