Line a large baking sheet with parchment paper or a silicone mat to prevent sticking and ease cleanup.

Place each color of candy melts into separate microwave-safe bowls, adding 1 teaspoon of coconut oil to each.

Heat each bowl in the microwave in 30-second intervals, stirring well after each, until the candy is smooth and fully melted (about 60-90 seconds total per bowl).

Take a pretzel rod and dip it about halfway into your chosen primary color (e.g., purple), using a spoon to coat if needed. Tap excess against the bowl edge.

Allow the base layer to set for 2 minutes.

Use a spoon or piping bag with a contrasting color (e.g., green or gold) to drizzle in zigzag patterns over the pretzel.

While the drizzle is wet, generously sprinkle with gold sanding sugar or star sprinkles.

Place the decorated pretzel on the prepared baking sheet. Repeat with remaining pretzels, varying colors for variety.

Let pretzels sit at room temperature for 20 minutes until firm, or refrigerate for 5 minutes if in a hurry.