It looks like a human, in that it has/follows the general human silhouette. My one issue with it is is that you are caught between being chibi/cartoonish and realistic. For a character at this resolution, with the style you are going for I wouldn't worry to much about following human anatomy strictly. Relax the drawing a bit and allow it to become a bit more chibi like.
Colors are okay, I don't really understand the blue outline when you have a nice dark red already in the palette that can serve the same purpose. I would get rid of the blue and allow for larger clusters to show general forms. Trying to get too detailed with trying to convey muscle groups is just going to get in the way of your general design. Is this character really going to be naked at all anyway?
I'd also get rid of that aa, really doesn't serve much of a purpose at this point