Yes you can use Monitor link confiugration to accomplish this task
Monitor Link works together with Layer 2 topology protocols to adapt the up/down state of a downlink
port to the state of an uplink port. This feature enables fast link switchover on a downstream device in
response to the uplink state change on its upstream device.
Note:Make sure the port you want to configure as a monitor link group member port is not a member of any
aggregation group or service loopback group
Refer attached pdf for configuration (page no:662)
