As I'm a retired painter. Yes you can flatten back the laquer and polish it up.
Most colours are base and clear nowadays as they trying to phase out 2k paints
They tried water base laquer a few years back sure it was Peugeot /citreon. Maybe wrong though. But bird crap was eating through the laquer so they had to re spray the cars. So collerado red is a base and clear nowadays as 2k is being phased out voc levels etc etc.