Step 2: Add Layer Styling

Click on the FX icon and choose Bevel and Emboss.

3 - Photoshop: Place an Image in Text

Below are my settings. Personally, I like Pillow Emboss the most and by choosing 438% as depth, I make sure that I get sharp emboss.

4 - Photoshop: Place an Image in Text

This is what the image should look like.

5 - Photoshop: Place an Image in Text

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