2007 250 Merc 22' Ranger Alarm Issue

[Alpinegold]

I think I have a problem. Motor starts good, shifts ok but when I shower down to plane up the continous alarm starts immediately. Pee hole is active and oil is full.

I'm not trying and won't attempt to fix this big monster but I would like to have a couple of ideals what it could be before I take it to the shop.I sure would appreciate any ideals you may have.

Thanks,

Alpinegold