@AZ_RABLRSR I would probably use Adobe Illustrator versus Photoshop, as I would have better control on the drop shadow. Plus, the text would be vector versus raster. That's my two cents worth!
Since the "shadow" I am seeing in your image is likely a combination of two things when applying a chisel effect, a bevel & emboss layer style, shading and highlights inherent in the "Chisel Hard" or "Chisel Soft" techniques themselves and a drop shadow layer style. For T-shirt printing, you need to convert these shaded/gradient effects into solid, distinct colors to avoid issues with halftones or unwanted transparency during the printing process.