Can impermanent loss be recovered?

Can you clarify for me if it's possible to recover from impermanent loss in the world of cryptocurrency and decentralized finance? I understand that this term refers to the potential for losses incurred when the value of the tokens in a liquidity pool changes in an unfavorable way, but is there any way to mitigate or even reverse this outcome? I'm particularly interested in strategies or methods that investors can employ to protect their positions and potentially recoup any losses sustained.