There are many ways to make a great presentation, and you should feel free to experiment with format and content as you see fit!
That being said, coming up with something totally new is quite complicated. If you would like more of a roadmap, here is one way you could structure your talk:
(1) Provide some background and context to describe what motivated the paper you will talk about
(2) Describe what open question the paper proposed or tried to answer
(3) Present the contents of the paper with a constructive and positive lens. How would you present the experiments and results if this was your work, to try to convince the audience?
(4) Provide your own perspective and analysis. This might include what you thought the paper failed to do, what follow-up work should do, or even a closer look at other related literature. This would also be a good time to give any hot takes you have.
(5) Lead discussion. This can be as simple as answering/asking questions, but you can do something more creative here if you’d like.
There is absolutely no pressure to follow this format, but it is one reasonable option.