Yes if ruling elites are fully committed to democracy and respect to peoble

I think that it is possible to reach in small societies/groups where people know each other.

Both positive and negative? Yeeees. But the real answer is perhaps not what you think. Check out my PhD at the digital repository of the ANU. You need to go to page 4 of Appendix 1.

And then perhaps check pages 88-89 of the thesis proper.

Feel free to contact me if you are interested.

Define "equality".

Equality in voting rights?

Equality in income?

Equality in self appreciation?

and so on...

Freedom and these degrees of equality are not incompatible. They are cumulative elements of an Estate of Law. However, "negative liberties" as the restriction of economy intervention have been falsely used as an argument by populist governments as an obstacle to reaching equality (in outcome and in opportunities).

The possibility for citizens to enjoy both freedom and equality rely on the level of education and political participation, and the commitment of economic and political elite with democracy.

It is only possible in an ideal state.