Since I have the same exact motor I did some reading. For sure could be water temp but also could be low oil pressure. The caviot to that is the Manuel I could pull up said if ( so equipped ) I take that to mean it may or may not have low oil pressure alarm. I would check my oil level first. If it has been a long time and lot of running on that oil I might change it. Check and see if you can find the temp sender and check wiring for being loose or rubbed. Where it might be grounding.