Michu has not played since the 1-1 draw with Norwich on December 15 after undergoing surgery on an ankle problem.
Monk told the South Wales Evening Post: "I would say at this stage that Michu has a chance.
"He trained both days over the weekend and then had a rest on Monday, but he will be working from now on.
"And if he trains well over the next few days, he has definitely got a chance of being involved.
"He won't be starting I wouldn't have thought, but you never know."
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