This Seeking Tech guide will show you how to unlock the What a Shocking Defeat trophy in Sly 3: Honor Among Thieves (2024) on PS5 and PS4.
Use the following video as a visual aide:
To avoid getting hit by the guns of Muggshot, stay away from the edges if you are attacking from the rooftops. You should also move away from the blast radius when he throws bombs at you.
If you are on the streets, use the buildings as a cover. You can jump in to attack and then jump back into cover again.
If you go get hit at some point, then you can use the rewind feature.
The trophy should unlock when you beat Muggshot without taking damage.