Likutei Moharan 12:6/ליקוטי מוהר"ן י״ב:ו׳

16. And this is the explanation [of the opening verse]: “Tehillah l’David (A psalm of David): [I will exalt You, ELohai (my Lord), haMelekh (the King); and I will bless Your name forever and ever].”

2TeHiLlaH — This connotes confusion and mixture, as in (Job 4:18), “And in His angels He places T’HoLlaH (confusion).”

3David — <He> corresponds to the Oral Law, <to “Malkhut peh”>. In other words, when the Oral Law falls and becomes confused and mixed into other letter-permutations….

4I will exalt You, ELohai, haMelekh — [The Oral Law/ Malkhut] is exalted through ELohai, as in (Psalms 52:3), “The lovingkindness of EL (the Omnipotent One) is always.”

5haMelekh — [She is exalted and elevated] to Binah /heart, for “the heart in the soul is like a melekh (king) engaged in battle” (Sefer Yetzirah, Chap. 6).

6and I will bless Your name — That is, afterwards, he elevates the Oral Law to the aspect of Chokhmah (Wisdom), which is called “blessed” due to its abundance of blessings. For Chokhmah is the source of blessing.