The Short Answer is “Yes”
IAW with AR 623-3 paragraph 2-5a which states: The Rater will normally be senior to the rated Soldier in grade or date of rank. The keyword in this reference is normally This allows flexibility and the ability for a Junior Leader with regard to time in grade and/or date of rank to rate Senior Leader.BUT
AR 623-3 paragraph 2-5c states: DA Form 2166–9 series rater eligibility. The military rater will be a SGT or above and senior to the rated NCO by grade or date of rank (see AR 600–20).