Could you please attach your schematic separately again? It is not very clear in the current image.
Please find my comments below-
-Please ensure that the internal 3.3V regulator is disabled in the configuration using the USB-Serial Configuration utility. This is because VCC and VCCIO are both tied to 3.3V in your system.
-Please ensure that the VCCD is tied to ground with a 1uF capacitor. It is recommended to connect two decoupling capacitors of values 0.1uF and 4.7uF to VCC and VCCIO pins.
-Could you probe the POWER# pin and check if it is going low?
Sorry for the late response,
We are unable to detect the Cypress Chip itself,
VCCD -- Pin is been connected to GND, With a decoupling capacitor of 0.1uF
The sleep# pin shows about Logic 1 (3.29V)