You've encountered a "Callback Hell" in a project you've inherited. What could be a strategic approach to refactor and manage the nested callbacks for better readability and maintainability?

When dealing with "Callback Hell," the strategic approach is to refactor the code using named functions. This technique makes the code more readable and maintainable by breaking down nested callbacks into separate named functions. It enhances code structure and comprehensibility, making it easier to manage complex asynchronous logic.