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 not certain of the 'soothing' bit.
'male put on one soft testicle after cycling' is the wordplay.
I cannot really see how this works, but
'male' could be 'al' (shortened version of Alex or Alistair) and 'al' is present in the answer.
'one' could be 'i' (Roman numeral) and 'i' is present in the answer.
'soft' could be 'b' (black, as opposed to H for hard in pencils) and 'b' is found within 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" .)