Yes, assuming you have no irregularities in your ears and breasts. Discomfort is the normal effect of water pressure on your ears.
Fortunately, our bodies are designed to adjust for pressure changes in our ears (you just need to learn how).
If you have no difficulty adjusting air pressure during a flight, you probably won't have any trouble learning to adjust water pressure when diving.
The certifying doctor will do a complete inspection even looking at the compensation on your eardrums.
