Squeezing may give temporary relent but cos more swelling which will last longer. It could still be an ingrown hair. Put a warm wash cloth on it and use an antiseptic wash to avoid infection.
You can have pimple there and they will go away after a few days. If you have squeezed it I think it should go down considerably after a day. If not, I'd check with your doctor.
Hi, I certainly don't know for sure I am not a doctor and I bet a doctor could tell you very easily, but it does sound like some sort of cyst or boil. It is very possible it could be an ingrown hair. I truly don't know but I bet a Gynecologist or a Dermatologist could help you with that. If it doesn't go away, I would go see one just to give you peace of mind. Good luck and please don't be embarrased going to the doctor, they see skin and other problems in that area of your body everyday. Hope you are better soon, Sharon