What can you do when you are down out out of range and have impermanent loss?

• You can simply wait. If you think the token price will rise back into your range soon, do nothing
• Can open a 1-sided Bid-Ask at lower price range, hoping to capture enough fees to offset losses
• Take the loss and reposition liquidity. If you think you can capture enough in the new range to recover losses
• Quit before it gets even worse. Withdraw and sell before the price goes even lower

Remember: Withdrawing liquidity when in Impermanent Loss (Divergent loss) makes the losses, permanent. Sometimes however, it is better to take the loss earlier than later