Hey randose,
Unfortunately due to the nature of ASIO it does not allow intercepting the audio of the device for applications like monitoring or recording.
However, MiniMeters will still work with the MiniMetersServer plugin. You can simply select "MiniMeters Plugin" in the audio device section of MiniMeters and add the plugin to your master channel in Ableton! Definitely give the demo a try to see if it works well with your setup.