Fuel pressure needs to be over 60 PSI, key on pre start. Any thing else is low fuel pressure. 58 is low. I just replaced my fuel pump today. It was at 58. Also I agree with spider issues, leaking fuel pressure regulator it is on the side of the spider. You can get creative, and pull the throttle body, then jump the fuel pump relay, so that the fuel pump stays on, and look inside of the intake with a mirror, and a flash light. I have done this on my 97 5.7L. you can see all of the spider hoses, and the fuel pressure regulator. Although this is a long video, it tells you how to jump the relay and keep the fuel pump on, while you check things.
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