I thought my chirp was the bearing, I replaced the bearing and nothing changed. The bushing I am referencing is in the spring / tensioner assembly. Due to the pressure on the assembly over time the bushing flattens on one side and the pully is then slightly out of alignment causing the belt to very slightly slip sideways, causing the chirp sound. It’s very hard visually to see if not impossible.
if you want to be sure it is completely resolved buy the whole tensioner assembly. It’s cheap to swap in a new bearing alone and for $5 it isn’t a bad idea but it very well may not be the problem.
if belt dressing temporarily quiets it, it’s not the bearing in the pulley, it’s likely the bushing in the tensioner assembly.