Soothing ointment male put on one soft testicle after cycling (3,4)
I believe the answer is:
lip balm
'soothing ointment' is the definition.
'lip balm' can be an answer for 'ointment' (lip balm is a kind of ointment). I am unsure of the 'soothing' bit.
'male put on one soft testicle after cycling' is the wordplay.
I cannot quite understand how this works, but
'male' could be 'al' (shortened version of Alex or Alistair) and 'al' is found in the answer.
'one' could be 'i' (Roman numeral) and 'i' is located in the answer.
'soft' could be 'b' (black, as opposed to H for hard in pencils) and 'b' is located in the answer.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for lip balm that I've seen before include "Item for chapped facial features?" , "Salve used around the mouth" , "Ointment for the kisser" , "Salve applied round the mouth" .)