The way I understand it, it is not an “image”, it is the actual object. It is not frozen, but slowed down tremendously relative to the outside observer.
Correct. But as the relative time approaches a standstill, the motion will get increasingly smaller and smaller, we should get something akin to Zeno’s paradoxes where you can never actually reach the point where time has stopped but simply creep toward that point mroe slowly and slowly.