It is, but you should use a new name/profile pic combo to get around the algorithm re-slotting you into your old position. Ideally you'd only use your first name, a couple of new pics and don't link any other account so they can't track you(if you must - make a new instagram/spotify to link)

Totally a valid strategy if you delete your profile and wait a week before recreating, even if you reuse the same profile

I imagine you risk being shadowbanned if you do it too often, but it’s pretty natural to do it once every couple of months