Something that is squooshy is soft and can be pressed or squeezed easily.
Squooshy things can make people think of comfort, coziness, or being fun to play with.
Examples:
The pillow is squooshy and comfortable.
I like squooshy toys that I can squeeze.
Her squooshy blanket is warm and soft.
The squooshy ball is fun to throw around.
I wish my bed was as squooshy as a cloud.
The squooshy teddy bear is my favorite toy.