Pretty much. It's actually useful to see a lot of BL as just butch or andro women getting it on ( especially since the peen gets censored in Japanese/ Korean stuff even I think ) to understand why a lesbian would find it even mildly attractive.dykes do, in fact, obsess over Kpop soft boys just like all gay dudes I know have at least one hyperfeminine oversexualized female celebrity or a pop star they stan. It's more of a projection/power fantasy thing, not that they actually want to be women... I prefer not to overthink this.
Like I said unless you're fond of the Kinsey scale, I don't think Noelle is some flavour of Bi.No, like, she's justifying some attraction she has to men. I know a lot of gay kids just figuring themselves out will excuse it with "I just want her hair" or "I just want his abs." This feels similar, but she's a grown adult.