Well, without a clinical evaluation it would be difficult to determine the cause of the lesion. Possibilities that may need to be considered include acne, folliculitis, cyst etc. It is not advised to squeeze such lesion for the risk of infections and scars. You could try using an antibiotic ointment such as framycetin or clindamycin and see if this seem to help. If you do not notice any improvement, it is advised to see a dermatologist for an accurate diagnosis and appropriate management.
Hope this is helpful.
Well, it seemed to resolve itself after a few days with the help of some antibiotic cream. Thanks.