You did say that you got the whole part down to bare plastic, but it looks like where it's lifting is a paint line. If so, your primer is reacting to that, because it's only lifting on the edge. Those rings still look like layers of paint to me. I would sand it all down to a consistent bare plastic..(there are no layers in the plastic)..it'll be all one color, and start the high-fill primer session again. Etching primers are for metal parts.
Good luck.