Drain the cherries, reserving 1/4 cup of the cherry juice.
Place the cherries on paper towels and pat to dry.
Place the powdered sugar, butter and 3 tablespoons of cherry juice in the bowl of a mixer; beat to combine until the mixture forms a dough.
If the mixture seems too wet or sticky, add 1 tablespoon of powdered sugar at a time until desired consistency is reached.
If mixture is too dry, add 1 teaspoon of cherry juice at a time until desired consistency is reached.
Cover the bowl and refrigerate for 20 minutes.
Take two teaspoons of the cherry dough and flatten it into a disc shape.
Place one cherry onto each disc and wrap the dough around the cherry to form a ball. If the dough sticks to your hands, try coating your hands in cooking spray first.
Place the balls onto a sheet pan lined with parchment paper and freeze for 20 minutes.
While the balls are chilling, melt the candy melts by placing them in a microwave safe bowl and cooking them in the microwave for 30 second increments until melted.
Stir the candy melts until smooth.
Place one ball on a fork and use the fork to coat the ball in chocolate. Gently tap the fork against the side of the bowl to remove any excess chocolate.
Place each dipped ball onto a sheet of parchment paper. Repeat the process with the remaining balls and candy melts.
Place some of the melted candy in a resealable bag and snip off one corner of the bag to use as a piping bag.
Use the piping bag to drizzle melted chocolate over the tops of the dipped cherries.
Let the chocolate coating harden, then store the cherries at room temperature for up to one week.