Welcome to the forum.
I have had a few of these but would not call myself an expert.
Red button assemblies available on ebay......
https://www.ebay.co.uk/itm/382230174927Purchases made through these links may earn this site a commission from the eBay Partner Network
The crown assembly has an inner spring which might have failed. Try unscrewing and pulling the crown out at the same time. Sounds difficult but is possible.
The crown assembly looks like pic below but the spring is within and not usually seen.
This is an exploded view of a Ploprof - apologies for poor quality.
As already discussed have it serviced but not polished, keep the original red button and enjoy your watch.
Click to expand...