Yes, the Sony SF-M Tough Series 128GB SD UHS-II is compatible with the Sony ZV-E10 II.
Sony SF-M Tough Series 128GB SD UHS-II is V60 class. Clears: XAVC HS 4K (200 Mbps, requires U3); XAVC S 4K (200 Mbps, requires U3); XAVC S HD (100 Mbps, requires U3). Does not meet the floor for: XAVC S-I 4K (600 Mbps, requires V90); XAVC S-I HD (222 Mbps, requires V90).
Limitation
Card's speed class is a fixed ceiling -- cannot reach: XAVC S-I 4K (600 Mbps, requires V90); XAVC S-I HD (222 Mbps, requires V90). No adapter or setting changes this.
“Sony ZV-E10 II SD UHS-II slot matches Sony SF-M Tough SD UHS-II per spec pages.”
Last verified:
Compatibility inferred from spec rule (citations above are manufacturer-verified)