The most full and detailed information on the web is on the thread posted above (New Dendronephtya Study Group).
I have it only since February, and it still alive (after melting/dormancy stage and moving through 3 tanks - 20g, 5g, 10g). From my experience:
1. Feed any fine food you have (Kent Micro-Vert, Chroma-Plex, grosery seafood finest blend or mysis shrimp with Selcon - add tank water and use test kit pipette (suck-off, repeat until finest particles will appear in the water, and use them). Variety is better. General tank feeeding, not target feeding.
2. If tank has a lot of life (any - corals, life rock hitchhikers, not just dead-looking live rock and fish) - it will be source of food by itself. Finest particles, mucus and bacteria, produced by habitants.
3. No sand bed, but some leftovers of aragonite under rocks will be OK.
4. Not too clean tank with some detrius at the bottom - also source of food.
Not-food related:
1. No predators or harassers - urchins, hermit crabs, nipping fish, hanging on or bedding in fish or shrimp.
2. Agressive corals (green star polyps, mushrooms) and anemones in proximity are OK, but no direct contact.
3. Light - OK with soft natural light, direct sunlight from southern window (not burning, Toronto level); indirect sunlight with PC light support is OK. Never 4100K or lower. Low light - in cave or at the bottom, shaded by the rock from the sun and lighting - not good.
4. Flow - more important than level of light. Laminar (unidirectional, non-turbulent) flow, not strong direct from powerhead, but weaker - reflected from the glass or along the way of the water flow in the tank. Flow from HOB filter directed not onto the dendro, but aside, near of it is OK. Polyps need to be oriented toward flow.
5. Positioning in the tank: not important. Even on the sand (aragonite), if coral feels OK (polyps opening regularly, inflating).
6. Placing coral upside down wasn't accepted in my case. Nor handling (most jentle) for repositioning, not gluing (Super Glue). Dendro has own opinion and will detach and move with flow in the search of favorable conditions. Trials to attach it are only make matters worse.
So, most important - don't interfere, remove predators and let it live. It will find own place and return to life even after dormancy stage (looks like melting, but still reversible even after 2 month). Watch for predatory micro-crustaceans (isopods), bristleworms and other unseen predators too - if half-eaten, will melt irreversibly.
7. Lewels of salinity, ammonia, nitrates, alkalinity, calcium, pH may fluctuate widely and fast, but not to the extremes (like ammonia 1.2 mg/l or more).
It can came alive even after seemed melting.
P.S. Sorry for a lots of "OK" - it's like short form of "acceptable".