Probably a stuffed animal. A puppet could be an answer too perhaps!
So everyone else is like 'stuffed animal' or 'clown'! But then there's me... Am I the only one who thought this? Her eyes make me think of how in the cartoons or video games when something dies and they get 'X's for eyes. I always thought she was supposed to be a dead pink horse. xD
I do admit, however, that I much prefer the stuffed animal option.
A pink horse.