Nodejs setInterval usage for delay execution

interval.js

let sendStatus = 'FAILED';

// DELAY in Milliseconds
const DELAY = 1000; // 1 second

const retryEmail = () => {
    console.log('retry failed email');
    return 'FAILED';
};

if (sendStatus === 'FAILED') {
    
    let intervalId;
    let counter = 1;

    if (!intervalId) {
        intervalId = setInterval(() => {
            const reply = retryEmail();
            if (reply === 'SUCCEED' || counter === 3) {
                clearInterval(intervalId);
                intervalId = null;
            }
    
            counter = counter + 1;
        }, DELAY);
    }
}