What is RRCConnectionSetup in LTE?

It is the downlink LTE RRC message the eNodeB sends to accept the connection request and start dedicated connected-mode signaling.

What comes after RRCConnectionSetup?

The UE applies the received configuration and responds with RRCConnectionSetupComplete.

Does RRCConnectionSetup create SRB1?

Yes. The initial dedicated radio configuration in this message creates SRB1 for later dedicated LTE RRC signaling.

Why is RRCConnectionSetup important in troubleshooting?

It is the first dedicated LTE RRC configuration point, so later failures often trace back to what was delivered here.