In the context of this artwork, analyze the Art of the Context.
The statue is one of the "seven principal pieces of human sculpture from Mohenjo-daro".  The others include two small full-length nude bronze female figures, both called "dancer"s by some, but alternative activities have been suggested, such as carrying offerings.  There are also three male heads in limestone or alabaster, apparently broken-off, and the headless figure of a Seated Man. Various points of contrast and comparison between these pieces and the Priest-King have been proposed; there is a considerable variety in the depiction of details among them.  The headless seated man may show the pose of the missing lower part of  the Priest-King.  Very likely sculpture existed in wood, but none has survived.There are also very numerous small and simple terracotta figures from all over the IVC, most female, generally similar to those produced over much of India later, indeed up to the present day.  Elaborate headdresses are a notable feature of these.Steatite was widely used in the IVC; in one technique it was ground into a paste, and then fired to make decorated beads, many of which were exported.  It was also the main material used for carving Indus seals, sometimes fired and sometimes not; many were carved then given a coating which was lightly fired.Because of some similarities with art from there, some scholars have suggested that the Priest-King and the handful of similar pieces found in IVC contexts may draw on traditions from further north, especially the contemporary culture known as the Bactria–Margiana Archaeological Complex ("BMAC").  Possibly the pieces were made for people from further north living in IVC cities.  Unlike the IVC, the BMAC left some rich graves suggesting a considerable degree of social differentiation, and the large settlements excavated so far each centre on a large fortified complex. These were previously described as "temples", but were perhaps more likely the residence of a local ruler.
limestone alabaster terracotta Indus seal Bactria–Margiana Archaeological Complex Mohenjo-daro left