No, it would not handle the load. But you can use your AWS S3 bucket as a host for your index.html file. In route 53 you can easily point the index of the domain to your S3 bucket. This way you have a huge load capacity for the lowest prices.
If you host from S3 does that mean that we cannot have things like forms for example - because all requests to the domain are going to S3?
You can have forms, but they need to be jquery submission from the S3 static HTML to an external mongo sitting separately on your EC2 micro in the domain (or by IP address). Since you would receive few submissions likely - it would be fine I would think.