Could be a few things but as above, PSU is a good bet.
Before swapping it out it’s worth disconnecting everything from the PSU except the motherboard (and grapics card if it has a seperate power feed).
Also worth blowing any dust out of the PSU and off the board.
Power up again and see if you get any further. If so, plug things back in one at a time and see when it stops powering up.
Either the last component is pulling the PSU down by drawing too much power ot the PSU isn’t able to put out enough power any more (so, faulty).
If you get no joy with just motherboard connected then I’d guess the PSU to be at fault.
I assume you’re not getting any beeps or flashing error lights from the BIOS btw?
HTH
Si