I can feel a lump in my ear lobe and i can move it with my fingers and it hurts slightly when i press on it. what could it possibly be?

Cyst or scar: If your ears are pierced, sometimes people get more aggressive scar growth that can be tender when pushed on. Many people also get small epidermal/sebaceous cysts on their earlobes. Or, it could be the start of a deep zit. Keep an eye on it, and let a dermatologist take a peek if things change and become worse, red, or infected looking.

Cyst: Likely sebaceous cyst. May resolve. If not, see ENT doc.