The resistance reading flashes when the wattage is lower than what will be produced from 3.7v (or whatever the battery is currently pushing) on your current coil. So, for example, if you're running a 1Ω coil, and you set the wattage to 7w, you'll end up getting 13.7w because the DNA chip is unable to lower voltage.
Your 0.5Ω will fire at 30w so long as your battery is under 3.9v. Not sure if it will throw an error if the battery is at 4.2v.
EDIT: Remember, the actual cut off has to do with current, not resistance.