In this study, we investigate the unsteady flow of a micropolar fluid past a magnetized stretchable/shrinkable sheet. Our research aims to analyze the effects of magnetic field, moving slit, and various parameters on the velocity, magnetic, and microrotation profiles of the fluid. By applying the Blasius–Rayleigh–Stokes variable, we derive ordinary differential equations from the partial differential equations that define the problem. We solve the transformed set of equations using the shooting method and obtain dual solutions. Our findings indicate that skin friction decreases with increasing values of the microrotation parameter and magnetic interaction parameter. We also observe that the magnetic interaction parameter enhances the microrotation of molecules. Overall, our study provides valuable insights into the behavior of unsteady flows in micropolar fluids and sheds light on the impact of various parameters on dual solutions.